StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting13 May 2026, 06:11 pm

Laxmi India Finance Approves Audited FY26 Results; NCD Issuance

AI Summary

Laxmi India Finance Ltd's board approved the audited financial results for the year ended March 31, 2026, with an unmodified auditor's opinion. The board also approved a limit for issuing Non-Convertible Debentures up to ₹400 Cr via private placement, subject to shareholder approval. Additionally, M/s V.M. & Associates were appointed as Secretarial Auditors for a five-year term, and Mr. Yogesh Garg was appointed as Vice President — HR.

Key Highlights

  • Audited financial results for FY26 approved with unmodified opinion.
  • NCD issuance limit of ₹400 Cr approved, subject to shareholder approval.
  • V.M. & Associates appointed as Secretarial Auditors for 5 years.
  • Yogesh Garg appointed as Vice President — HR.
  • Trading window to open 48 hours after results declaration.