L. T. Elevator Ltd Announces 18th AGM on Sep 9, 2026
L. T. Elevator Ltd has announced its 18th Annual General Meeting (AGM) will be held on Wednesday, September 9, 2026, at 02:00 PM IST. The meeting will be conducted through Video Conference/Other Audio-Visual Means. Key agenda items include the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, the re-appointment of Mrs. Usha Gupta, and special business concerning an increase in authorized capital and alteration of the Memorandum of Association. Additionally, the company will consider the issue of equity shares for consideration other than cash through a preferential issue, as part of the proposed acquisition of Ricardo Elevators Private Limited via a share swap.
Key Highlights
- AGM scheduled for September 9, 2026, via video conference.
- Adoption of FY26 audited financial statements is on the agenda.
- Proposed increase in authorized share capital from ₹22 Cr to ₹22.5 Cr.
- Consideration of preferential issue for Ricardo Elevators acquisition.
Price Impact
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