Investment27 Apr 2026, 08:51 pm
LKP to Invest ₹7.5 Cr in Bond Street Capital via Rights Issue
AI Summary
LKP Securities Ltd's Board approved an investment of up to ₹7.509 crore in Bond Street Capital Private Limited through a rights issue. This strategic investment could result in Bond Street Capital becoming a subsidiary of LKP Securities. Additionally, the Board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. A dividend of Re. 0.20 (10%) per equity share for FY 2025-26 was recommended. The Board also re-appointed MGB & Co. LLP as Statutory Auditors and Shah & Ramaiya as Internal Auditors, and appointed Ms. Jahnavi Mehta as the new Company Secretary and Compliance Officer.
Key Highlights
- LKP to invest up to ₹7.509 crore in Bond Street Capital.
- Investment is via rights issue, potentially creating a subsidiary.
- Board approved audited Q4 and FY26 financial results.
- Recommended Re. 0.20 (10%) dividend per share for FY26.
- Auditors re-appointed; new Company Secretary appointed.