The Lakshmi Mills Company Limited has informed BSE Ltd that a meeting of its Board of Directors will be held on Monday, 18 May 2026. The primary agenda of the meeting is to consider and take on record the audited financial results for the quarter and year ended 31 March 2026, along with other business matters as may be required.

Trading Window Closure

In accordance with regulatory requirements, the company has announced that the trading window for dealing in shares of lakshmi mills remains closed from 1 April 2026 to 20 May 2026. The trading window is scheduled to reopen for normal trading activities from 21 May 2026.

Key Meeting Details

The intimation regarding the board meeting has been submitted in compliance with Regulation 29 of the SEBI (LODR) Regulations, 2015. The communication was digitally signed by N. Singaravel, Company Secretary, on 27 April 2026.

The Lakshmi Mills Company Limited has officially confirmed to BSE Limited that it does not qualify as a Large Corporate Entity for the financial year ending March 31, 2026. The textile manufacturer submitted its annual disclosure on April 15, 2026, in compliance with regulatory requirements, demonstrating its adherence to SEBI guidelines for corporate borrowing frameworks.

Regulatory Compliance Declaration

The company filed its disclosure in reference to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which addresses fund raising through issuance of debt securities by large entities. The circular establishes specific criteria that companies must meet to be classified as Large Corporate Entities, triggering additional compliance requirements for debt fundraising. The disclosure was signed by Company Secretary N. Singaravel and Chief Financial Officer A. Doraiswamy, confirming the accuracy of the submitted information.

Financial Position and Borrowing Details

The annual disclosure reveals key financial parameters for the current assessment period:

The company reported nil incremental borrowing for FY 2025-26, which directly impacts the calculation of mandatory borrowing requirements through debt securities. Under the regulatory framework, companies are required to raise 25% of their incremental borrowing through debt securities if they qualify as Large Corporate Entities.

Penalty Assessment

The disclosure also addresses penalty provisions for the assessment block:

With no shortfall in mandatory debt securities borrowing, the company faces no penalty under the regulatory framework. The penalty structure applies a rate of 0.2% on any shortfall in meeting debt securities requirements.

Corporate Information

The Lakshmi Mills Company Limited, established in 1918, operates from its registered office at Post Box No. 6301, 686, Avanashi Road, Pappanaickenpalayam, Coimbatore - 641 037. The company carries CIN L17111TZ1910PLC000093 and maintains its primary business operations in the textile sector. The company can be contacted at telephone numbers 91-422-2245461 to 2245465, 4333700, and through email at contact@lakshmimills.com .

This annual confirmation ensures the company remains compliant with SEBI regulations while providing transparency regarding its corporate classification status and borrowing activities for the specified financial year.