Lakhotia Polyesters has scheduled its 21st Annual General Meeting for Monday, September 21, 2026. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means, in compliance with SEBI regulations and the Companies Act, 2013.

The company published advertisements in "The Free Press Journal" (English) and "Navshakti" (Marathi) on August 21, 2026, to notify members of the upcoming event. Copies of these publications are available on the company’s website at www.lakhotiapoly.in .

Board Changes and Auditor Appointment

Lakhotia Polyesters (India) Limited appointed Murli Harishkumar Lakhotia as an additional director in the capacity of a non-executive, non-independent director. The appointment takes effect from August 18, 2026, following approval by the Board of Directors during its meeting held on August 17, 2026.

The board also accepted the resignation of Ashokkumar Gulabchand Khajanchi from the position of Executive Director, effective August 18, 2026. Khajanchi cited personal reasons and unavoidable circumstances for his departure, confirming there were no other material reasons for the resignation.

In addition to the directorship changes, the board addressed a casual vacancy in the office of the statutory auditor. Based on the recommendation of the Audit Committee, the company appointed M/s. Praveen Purohit & Associates, Chartered Accountants, as its new statutory auditors. This appointment replaces M/s. Sharp Arth & Co LLP, Chartered Accountants, who resigned from the role.

Both the appointment of Mr. Lakhotia and the new statutory auditors are subject to approval by the members of the company at the forthcoming Annual General Meeting (AGM).

Key Details

Mr. Lakhotia holds an MBA degree and possesses substantial business experience with a keen interest in international trade. He is related to Managing Director Madhusudan Shamsundar Lakhotiya and Mrs. Jayshri Madhusudan Lakhotiya.

Upcoming Corporate Events

The company has decided to hold its 21st Annual General Meeting on Monday, September 21, 2026. The board meeting commenced at 4:30 pm and concluded at 5:00 pm on August 17, 2026. All disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Lakhotia Polyesters (India) Limited has authorized three Key Managerial Personnel to determine the materiality of events or information and to make subsequent disclosures to stock exchanges. The company issued the intimation on August 20, 2026, pursuant to Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The authorized personnel include the Managing Director, Chief Financial Officer, and Company Secretary & Compliance Officer. These individuals are severally authorized to handle disclosure obligations, ensuring compliance with regulatory requirements regarding material event reporting.

Authorized Personnel

The following executives have been designated for these responsibilities:

Madhusudan Shamsundar Lakhotiya, the Managing Director, digitally signed the intimation. The company is headquartered in Nashik, Maharashtra, and is listed on the BSE Limited with scrip code 535387.