LMW Limited has scheduled a virtual meeting with analysts and investors on July 27, 2026, at 4:00 PM IST. The company confirmed that no unpublished price sensitive information will be shared during the session, which is being conducted to maintain open communication with the investment community.

Meeting Details

The interaction will be held via Webex. Participants can join using the event number and password provided below. The schedule is subject to change.

The intimation was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. C R Shivkumar, Company Secretary & Compliance Officer, signed the disclosure on behalf of LMW Limited.

LMW Limited will hold its 63rd Annual General Meeting on July 24, 2026, through video conferencing to approve financial statements for the year ended March 31, 2026, and re-appoint key leadership. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has published the notice in newspapers, including Business Line and Hindu Tamil, on June 30, 2026, and made it available on its website.

Agenda for the 63rd AGM

The ordinary business includes the adoption of annual financial statements, the declaration of dividends, and the appointment of a director by rotation. Special business items encompass the re-appointment of Sanjay Jayavarthanavelu as Managing Director, M Sankar as Whole-time Director (Designated as Director Operations), and Aroon Raman as an Independent Director. Additionally, the appointment of Narayanan Vellayan as a new Independent Director is on the agenda. Shareholders will also vote on the ratification of remuneration payable to the Cost Auditor and the approval of material related party transactions with Lakshmi Electrical Control Systems Limited.

Auditor and Director Appointments

M/s Brahmayya & Co., Chartered Accountants, are proposed to be appointed as statutory auditors at a remuneration of ₹30,00,000 per annum, excluding taxes and out-of-pocket expenses. The firm will hold office until the conclusion of the 68th Annual General Meeting. Regarding leadership, Sanjay Jayavarthanavelu’s re-appointment as Managing Director includes a monthly salary of ₹16,00,000 and a commission of 4% on net profits. M Sankar is proposed for re-appointment as Whole-time Director for three years from October 25, 2026, with an annual salary of ₹1,50,00,000.

Related Party Transactions and Cost Audit

The Board has sought shareholder approval to enter into material related party transactions with Lakshmi Electrical Control Systems Limited for an amount not exceeding ₹450 Crores. These transactions, which may exceed 10% of the company's annual consolidated turnover, are valid until the next Annual General Meeting. Furthermore, the ratification of remuneration for Cost Auditor Sri A N Raman is set at ₹7,00,000 per annum for the financial year 2026-27.

Key Meeting Details

The Register of Members and share transfer books will remain closed from July 18, 2026, to July 24, 2026. Dividends, if declared, will be paid only through electronic mode approved by the Reserve Bank of India, as the issuance of dividend warrants has been omitted effective November 18, 2025. Shareholders must ensure their bank details are registered to receive dividends.