Lahoti Overseas Limited held its 31st Annual General Meeting on September 29, 2026, via video conferencing. Members approved the audited standalone and consolidated financial statements for FY26 and declared a final dividend of ₹0.20 per equity share.

The meeting, conducted through Video Conferencing and Other Audio Visual Means, commenced at 3:00 pm. Mr. Ujwal Lahoti chaired the session, welcoming shareholders, directors, and statutory auditors M/s. P C Ghadiali and Co LLP. The requisite quorum was present, and all committee chairpersons attended the proceedings.

Resolutions passed

The Chairman presented an overview of the company’s financial performance for the year ended March 31, 2026. The auditors expressed an unqualified opinion on the financial statements, with no material qualifications or adverse comments noted. Three ordinary resolutions were put to vote:

Voting and conclusion

Remote e-voting facilities provided by National Securities Depository Limited were active from September 25 to September 28, 2026. Additionally, live e-voting was enabled during the meeting for attendees who had not voted remotely. Mrs. Sonam Jain served as the scrutinizer to ensure a fair voting process.

Shareholders were invited to express their views prior to the final vote. The meeting concluded at 3:21 pm. The company stated that e-voting results and the scrutinizer’s report would be notified to stock exchanges and uploaded to the corporate website within prescribed timelines.

Lahoti Overseas has accepted the resignation of Mahesh Mishra as Chief Financial Officer, effective September 9, 2026. The company disclosed the change in a filing with BSE Limited on September 16, 2026.

Mishra cited health conditions exacerbated by long daily commuting hours as the primary reason for his departure. In his resignation letter dated July 24, 2026, he stated that the commute was affecting his health and that he intended to pursue an opportunity closer to his residence.

The company confirmed that there were no material reasons for the resignation other than those explicitly mentioned in his letter. Managing Director Umesh Lahoti accepted the resignation, setting the relieving date for September 9, 2026.

What the Numbers Show

The disclosure highlights a specific operational friction point: the CFO’s resignation was driven by logistical challenges (commute) rather than financial performance or strategic disagreement. The company’s confirmation of "no material reasons" beyond health suggests a routine executive transition without underlying governance disputes.

Regulatory Compliance

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing included details required under Schedule III Para A (7C) of Part A of the SEBI LODR Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.