Board Meeting Details

The Board of Directors meeting was held on June 25, 2026, commencing at 3:00 PM and concluding at 5:00 PM.

Key Decisions Approved

1. Appointment of Secretarial Auditor

The Board approved the appointment of M/s. Rasna Goyal & Co., Practising Company Secretaries (Firm Registration No. S2023WB948500 and Peer Review Certificate No. 2094/2022) as Secretarial Auditors of the Company for a period of five consecutive years commencing from FY 2025-26 to FY 2029-30, subject to shareholder approval.

2. Postal Ballot Process

  • Approved issuance of Postal Ballot Notice seeking shareholder approval for the appointment of Secretarial Auditor
  • Record date fixed for June 26, 2026
  • E-voting period: July 3, 2026 at 09:00 AM to August 1, 2026 at 05:00 PM

3. Appointment of Scrutinizer

Appointed Mr. Rahul Kanodia (FCA No.: 311318), a practicing Chartered Accountant, as Scrutinizer for e-voting through Postal Ballot.

Financial Impact

  • Proposed remuneration for Secretarial Audit for FY 2025-26: ₹12,000 (Rupees Twelve Thousand Only)
  • Remuneration subject to revision from time to time as mutually agreed
  • Separate remuneration for other permissible non-secretarial audit services on mutually agreed terms

Professional Profile of Secretarial Auditor

Ms. Rasna Goyal, proprietor of M/s. Rasna Goyal & Co., has over 18 years of experience in corporate laws, secretarial compliances, securities laws, and allied matters. Expertise includes secretarial audit, corporate governance, SEBI LODR compliances, Companies Act compliances, FEMA matters, NCLT matters, corporate restructuring, due diligence, and board/shareholder meeting compliances.

Voting and Result Timeline

  • E-voting period: July 3, 2026 (9:00 AM) to August 1, 2026 (5:00 PM)
  • Results declaration: On or before August 4, 2026 (within 2 working days of e-voting conclusion)
  • Resolution deemed passed on: August 1, 2026 (last date of e-voting)

Additional Information

  • Notice and e-voting instructions available on company website: https://lnsel.com
  • E-voting conducted through NSDL at www.evoting.nsdl.com (EVEN: 139864)
  • Scrutinizer's report and results will be displayed on company website and communicated to BSE
  • None of the Directors or KMPs are concerned or interested in the resolution