La Tim Metal & Industries adopts FY26 financials at 50th AGM
- La Tim Metal & Industries held its 50th AGM on September 28, 2026, via video conferencing
- Shareholders adopted audited standalone and consolidated financial statements for FY26
- Special resolutions approved re-appointments of Rahul M. Timbadia and Sandeep Naresh Ohri
- Total attendance comprised 75 members, including 2 promoter group representatives
*this image is generated using AI for illustrative purposes only.
La Tim Metal & Industries Limited held its 50th Annual General Meeting on September 28, 2026, via video conferencing. The meeting focused on adopting the audited financial statements for FY26 and approving key leadership re-appointments.
The proceedings were conducted in compliance with Ministry of Corporate Affairs and SEBI regulations. Mr. Sandip Timbadia, Director, called the meeting to order after confirming the requisite quorum. A total of 75 members attended the virtual session, with no physical attendance permitted.
Resolutions approved
Shareholders considered and deliberated on several ordinary and special business items. The following resolutions were put to vote:
| Agenda Item | Type of Resolution |
|---|---|
| Adoption of standalone and consolidated financial statements for FY26 | Ordinary |
| Re-appointment of Kartik Maganlal Timbadia as director | Ordinary |
| Re-appointment of Sandeep Naresh Ohri as independent director | Special |
| Re-appointment of Rahul M. Timbadia as managing director | Special |
| Continuation of Ravi Kumar Kishan Chand Seth beyond age 75 | Special |
| Ratification of remuneration for cost auditors Kuldip Lyava & Co. | Ordinary |
Voting and attendance details
Remote e-voting commenced on September 24, 2026, and concluded on September 27, 2026. Members present during the meeting who had not voted electronically were provided an opportunity to cast their votes through venue e-voting. Ms. Sonam Jain, Practicing Company Secretary, served as the scrutinizer for the voting process.
Attendance data revealed a split between promoter and public shareholders:
| Category | Promoter and Promoter Group | Public | Total |
|---|---|---|---|
| Video Conference | 2 | 73 | 75 |
The combined results of remote e-voting and e-voting during the meeting were announced subsequently on the company website and stock exchange platforms. The meeting commenced at 11:00 am and concluded at 11:12 am.
Historical Stock Returns for La Tim Metal & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.37% | +1.07% | +1.37% | +4.75% | +3.18% | 0.0% |
How might the re-appointment of Rahul M. Timbadia as managing director influence La Tim Metal's strategic direction and capital allocation plans for FY27?
What specific governance safeguards are in place to ensure the independence of Sandeep Naresh Ohri following his re-appointment as an independent director?
Given the low promoter attendance at the virtual meeting, how does this reflect on current shareholder engagement levels and potential future proxy advisory recommendations?
17
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
