Laxmipati Engineering Works Limited has officially disclosed to BSE Limited that it does not qualify as a 'Large Corporate' entity under the regulatory framework for debt securities issuance. The company made this clarification in a formal communication dated April 11, 2026, addressing the compliance requirements outlined in relevant SEBI circulars.

Regulatory Compliance Status

The disclosure specifically addresses the framework for fund raising through debt securities by Large Entities as defined by SEBI regulations. The company has confirmed its non-applicability status as on March 31, 2026, which exempts it from the prescribed provisions related to Large Corporate requirements.

Corporate Communication

The formal disclosure was submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The communication referenced relevant SEBI circulars regarding fund raising by issuance of debt securities by Large Entities and the associated disclosure and compliance requirements.

Authorized Signatories

The disclosure bears the signatures of two key executives who validated the company's compliance status:

• Payu Bhardwaj - Company Secretary and Compliance Officer
• Mustufa M Haji - Chief Financial Officer

This regulatory disclosure ensures transparency regarding the company's status under SEBI's Large Corporate framework and clarifies that the related provisions for debt securities issuance do not apply to Laxmipati Engineering Works Limited as of the specified date.

Laxmipati Engineering Works Limited has successfully concluded its postal ballot process for approving a material related party transaction. The company announced the voting results on April 01, 2026, confirming that the ordinary resolution was passed with the requisite majority through remote e-voting.

Voting Process and Timeline

The postal ballot was conducted exclusively through e-voting in compliance with MCA circulars and SEBI regulations. The company dispatched the postal ballot notice on February 28, 2026, via email to shareholders who had registered their email addresses. The e-voting period commenced on March 02, 2026 at 9.00 a.m. and concluded on March 31, 2026 at 5.00 p.m.

Voting Results and Participation

The voting results demonstrated strong support for the material related party transaction approval. The participation was limited to public non-institutional shareholders, as promoter and promoter group members abstained from voting despite holding significant shareholding.

Resolution Details and Compliance

The resolution sought approval for a material related party transaction under the ordinary resolution category. Since promoters and promoter group members were interested parties in the agenda, they abstained from participating in the voting process. A total of 12 members from the public non-institutional category participated in the e-voting, casting 407500 votes unanimously in favor of the resolution.

Scrutinizer's Report and Declaration

CS Ranjit Binod Kejriwal, the appointed scrutinizer, conducted the vote counting process on April 01, 2026 at 10.27 a.m. in the presence of two independent witnesses - Mr. Pioush Tiwari and Ms. Radhika Chandak. The scrutinizer confirmed that the ordinary resolution was passed with the requisite majority as per the provisions of the Companies Act, 2013.

The company published advertisements in "Free Press Gujarat" (English) and "Lokmitra" (Gujarati) newspapers on March 01, 2026, informing shareholders about the completion of postal ballot notice dispatch and e-voting procedures. The entire process was conducted through Central Depository Services (India) Limited's e-voting platform at www.evotingindia.com , ensuring transparency and compliance with regulatory requirements.