LKP Finance Limited has successfully concluded its postal ballot voting process, with shareholders decisively approving a special resolution for the company's name change and consequent alterations to its Memorandum and Articles of Association. The company filed the voting results with BSE Limited on March 16, 2026, following the completion of the remote e-voting process.

Voting Results and Participation

The postal ballot witnessed significant shareholder participation, with the resolution receiving overwhelming support from the voting members. The company had a total of 6150 shareholders on the record date of February 6, 2026.

The resolution required a special majority and successfully achieved it with 99.46% of valid votes cast in favour and only 0.54% against.

E-Voting Process and Timeline

The remote e-voting process was conducted through the Central Depository Services Limited (CDSL) platform, ensuring secure and transparent voting for shareholders. The voting period commenced at 9:00 A.M. on February 14, 2026, and concluded at 5:00 P.M. on March 15, 2026.

Scrutinizer Report and Compliance

CS Abhay Kumar of Abhay K & Associates was appointed as the scrutinizer for the postal ballot process. The appointment was made by the Board of Directors on February 12, 2026, in accordance with Section 108 of the Companies Act, 2013.

The scrutinizer's report confirmed the validity of the voting process and results, ensuring compliance with regulatory requirements under the Companies Act, 2013 and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resolution Details and Regulatory Filing

The special resolution sought shareholders' approval for changing the company's name and making consequent alterations in the Memorandum of Association and Articles of Association. The promoter and promoter group were not interested in this particular agenda item, ensuring an independent decision by shareholders.

The voting results and scrutinizer's report have been uploaded on the company's website at www.lkpfinance.com and the CDSL e-voting portal at www.evotingindia.com . The company has filed the complete voting results with BSE Limited under Regulation 44 of the SEBI Listing Regulations, maintaining full transparency and regulatory compliance throughout the process.

LKP Finance has completed the allotment of bonus equity shares in a 4:1 ratio, marking a significant corporate action that substantially increases the company's share capital base. The Board of Directors approved the allotment on March 09, 2026, which served as the deemed allotment date for this bonus issue.

Bonus Share Allotment Details

The company allotted 6,14,46,600 equity shares of ₹10.00 each as fully paid-up bonus equity shares. Under the 4:1 ratio structure, eligible shareholders received 4 new fully paid-up equity shares of ₹10.00 each for every 1 existing fully paid-up equity share held. The record date for determining eligible shareholders was set as March 06, 2026.

Impact on Share Capital Structure

The bonus share allotment has resulted in a substantial increase in LKP Finance's paid-up equity share capital. The company's share capital structure has been transformed following this corporate action.

Board Meeting and Regulatory Compliance

The Board of Directors' meeting was conducted on March 09, 2026, commencing at 09:45 A.M. and concluding at 10:00 A.M. The allotment was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This bonus issue follows the company's earlier communication dated January 19, 2026, indicating prior planning and regulatory adherence for this corporate action.

The bonus share allotment represents a five-fold increase in the company's share capital, providing existing shareholders with additional equity participation while maintaining their proportional ownership in LKP Finance. The company has formally notified BSE Limited about the completion of this corporate action through official regulatory filing.