Kovilpatti Lakshmi Roller

Kovilpatti Lakshmi Roller Flour Mills Limited has initiated a postal ballot process for shareholders to approve alteration of its Memorandum of Association to include hotel and hospitality business operations. The remote e-voting period runs from November 19, 2025 to December 18, 2025, with the company aiming to diversify revenue sources and enhance profitability through this strategic expansion.

Kovilpatti Lakshmi Roller Flour Mills Limited reported unaudited financial results for the quarter and six months ended September 30, 2025. The company posted a profit of Rs. 75.37 lakhs for the quarter compared to a loss of Rs. 61.17 lakhs in the same quarter last year. Revenue from operations stood at Rs. 10,384.58 lakhs for the quarter versus Rs. 10,904.49 lakhs in the previous year. For the six-month period, the company achieved a profit of Rs. 438.90 lakhs compared to a loss of Rs. 290.86 lakhs in the corresponding period last year. The Board approved a proposal to enter the hotel and hospitality business and recommended altering the company's Memorandum of Association to include this new line of business. The company has approved an estimated capital expenditure not exceeding Rs. 25 crores for establishing the hotel and hospitality business, subject to shareholder approval. The Board also approved conducting a postal ballot process to obtain shareholder approval for the proposed changes. The company operates through two segments - Food division and Engineering division, with the Food division generating Rs. 7,771.57 lakhs and Engineering division contributing Rs. 2,665.07 lakhs in quarterly revenue.

Kovilpatti Lakshmi Roller Flour Mills Limited completed a postal ballot process for the appointment of Mrs. Manian Kanikha (DIN: 05199251) as a Non-Executive Independent Director for a five-year term effective September 19, 2025. The remote e-voting process ran from September 25, 2025 to October 24, 2025. Out of 5,770 total shareholders as of the cut-off date, 92 members participated in the voting, representing 68,92,459 shares (100% of votes cast). The special resolution was passed with requisite majority. The scrutinizer M.D. Selvaraj confirmed the voting process was conducted fairly and transparently.