Board Meeting11 Aug 2026, 06:31 pm
Laxmi Dental Approves Land Acquisition, ESOP Allotment
AI Summary
Laxmi Dental Limited's Board of Directors met on August 11, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board also noted the execution of a Letter of Intent for the acquisition of land in Palghar for ₹6.21 crore and approved the allotment of 59,360 equity shares under the ESOP 2024 scheme. Additionally, the surrender of 1,636 ESOPs by an employee was noted. The company's paid-up equity share capital increased post-allotment.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- LOI signed for land acquisition in Palghar for ₹6.21 crore.
- 59,360 equity shares allotted under ESOP 2024.
- Employee surrendered 1,636 stock options.
- Paid-up equity share capital increased post-allotment.
Price Impact
More from LAXMIDENTL