AGM/EGM31 Jul 2026, 06:10 pm
Lakshmi Electrical Control Systems Ltd Approves Auditor Appointment & AoA Amendment
AI Summary
Lakshmi Electrical Control Systems Ltd announced that its shareholders, at the 45th Annual General Meeting held on July 31, 2026, approved the appointment of M/s. NRD Associates as Statutory Auditors for a five-year term from 2026-27 to 2030-31. The shareholders also approved an amendment to Article 84 of the Articles of Association, revising provisions related to the appointment and remuneration of directors to align with the Companies Act, 2013. The previous auditors, M/s. Subbachar & Srinivasan, concluded their term upon the AGM's conclusion.
Key Highlights
- Shareholders approved NRD Associates as Statutory Auditors for five years.
- Amendment to Article 84 of AoA approved, aligning with Companies Act, 2013.
- New auditors appointed for the term 2026-27 to 2030-31.
- Changes relate to director appointment and remuneration provisions.
Price Impact
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