Auditor20 May 2026, 05:51 pm
Lakshmi Electrical Reappoints S.Subbaraman as Cost Auditor
AI Summary
Lakshmi Electrical Control Systems Ltd has re-appointed Sri. S.Subbaraman (Proprietor of Subbaraman & Associates) as Cost Auditor for the financial year 2026-2027, following the recommendation of the Audit Committee. The reappointment and the remuneration payable are subject to ratification by the shareholders at the upcoming Annual General Meeting. The company also recommended the appointment of M/s. NRD Associates as new Statutory Auditors for a term of 5 years, subject to shareholder approval.
Key Highlights
- Sri. S.Subbaraman re-appointed as Cost Auditor for FY 2026-2027.
- Remuneration to Cost Auditor subject to shareholder ratification.
- M/s. NRD Associates recommended as new Statutory Auditors for 5 years.
- Board recommends ₹3.00 (30%) dividend per equity share for FY26.
- 45th AGM to be held on July 31, 2026.
Price Impact
More from LAKSELEC