Ladam Affordable Housing Limited has closed its trading window effective October 1, 2026, in preparation for the declaration of financial results for the quarter ended September 30, 2026.

The company informed BSE that the closure is mandated under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and its internal Code of Conduct. The restriction period begins at the end of the quarter and remains in force until 48 hours after the announcement of unaudited standalone and consolidated financial results.

Compliance requirements

Designated persons and their immediate relatives are prohibited from trading or dealing in the company's securities during this period. This measure ensures strict adherence to SEBI regulations regarding insider trading during sensitive financial reporting periods.

The trading window will reopen 48 hours after the release of the results along with the limited review report. The intimation was signed by Khushbu Harigen Yadav, Company Secretary and Compliance Officer, on September 24, 2026.

Ladam Affordable Housing Limited shareholders approved increased borrowing limits and unsecured loans to related parties at its 47th annual general meeting held on August 19, 2026. The company reported a 55.76% overall vote participation rate, with all proposed resolutions passing by the requisite majority.

The meeting was conducted via video conferencing in accordance with Ministry of Corporate Affairs and SEBI circulars. Remote e-voting commenced on August 16, 2026, at 9:00 am and concluded on August 18, 2026, at 5:00 pm. Purva Sharegistry (India) Private Limited facilitated the process, while M/s Ashita Kaul & Associates served as the scrutinizer.

Voting Results

The total number of shareholders as of the record date (August 12, 2026) was 5,628. Of the 1,83,04,600 shares eligible to vote, 1,02,06,706 votes were polled for ordinary business items.

Promoters and promoter group holders possessed 1,08,02,264 shares but did not cast any votes on the special business items involving related-party loans. Public non-institutional shareholders held 75,02,336 shares and cast 2,04,442 votes on these items.

Related-Party Transactions

Shareholders approved unsecured loans to three related-party entities under Section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI LODR Regulations, 2015. The recipients are:

• Ladam Steels Limited
• Ladam Flora Private Limited
• Spearhead Metals and Alloys Limited

For these three resolutions, promoters abstained from voting entirely. The approvals were driven solely by public non-institutional shareholders, who voted with a 99.98% majority in favour.

Governance and Audits

Sumesh Bharat Bhushan Agarwal, Chairman, CEO, and Director, chaired the proceedings. Mr. Ashwin Kumar Suresh Kumar Sharma (DIN: 05143846) was re-appointed as director after retiring by rotation.

The statutory auditors issued no disclaimer of opinion on either the standalone or consolidated financial statements for FY26. However, secretarial auditors raised two qualifications during their review. Management provided responses to these qualifications during the meeting.

What the Numbers Show

The voting pattern reveals a distinct divergence between promoter and public shareholder engagement on related-party transactions. While promoters participated heavily in ordinary business and general borrowing limit approvals (casting over 1 crore votes), they completely abstained from voting on the three specific related-party loan resolutions. This suggests promoters may have recused themselves to avoid conflict of interest, leaving the approval entirely dependent on public non-institutional investors, who turned out at a low absolute level (2.73% of their holdings) but voted overwhelmingly in favour.