LS Industries Limited has scheduled its 32nd Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be held at the company’s registered office in Nalagarh, Himachal Pradesh, at 11:30 am.

Meeting Details and Book Closure

The company will transact ordinary and special business during the AGM. Pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of the SEBI (LODR) Regulations, 2015, the Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026, both days inclusive.

E-Voting Process

Members can cast votes on all resolutions using the remote e-voting facility provided by Central Depository Services (India) Limited (CDSL). The voting window opens on Sunday, September 27, 2026, at 9:00 am and closes on Tuesday, September 29, 2026, at 5:00 pm.

Key details for shareholders include:

• The cut-off date for eligibility is Wednesday, September 23, 2026.
• Mr. Sudhakar Jha, Proprietor of M/s. Sudhakar & Co, has been appointed as the scrutinizer.
• Members who vote remotely may attend the AGM but cannot vote again via ballot paper.
• Physical shareholders without registered email IDs must submit Form ISR-1 to the Registrar and Share Transfer Agent, Beetal Financial & Computer Services Private Limited.

The 32nd Annual Report and AGM Notice are available on the company website and the BSE Limited portal.

LS Industries Limited reported zero revenue and no production activities for FY26 as its manufacturing unit remained non-operational. The textile yarn manufacturer cited adverse market conditions and supply chain constraints as the primary reasons for the continued suspension of operations.

The company’s Business Responsibility and Sustainability Report (BRSR) confirms that there were no sales, purchases, or raw material consumption during the financial year. Consequently, quantitative disclosures related to energy usage, carbon emissions, and waste management were not applicable. The entity operates on a standalone basis with a paid-up capital of ₹84,88,18,700.

Operational Status

Despite the lack of commercial activity, LS Industries maintained its corporate structure and compliance frameworks. The company employed 11 individuals at the end of FY26. Management focused on preserving facilities to enable a potential restart when market conditions improve. The entity serves domestic markets primarily through business-to-business channels, targeting textile manufacturers and garment producers.

Governance Changes

The Board of Directors underwent significant changes during the year. Mr. Naveen Kumar Gupta was appointed as an additional director effective April 14, 2025, and later regularized. Two new independent directors, Mr. Peeyush Sethia and Ms. Richa Arora, joined in September 2025. Conversely, three directors resigned due to preoccupation elsewhere, and one director ceased office following his demise in November 2025.

Key managerial personnel also saw transitions. Mr. Naveen Kumar Gupta assumed the role of Chief Financial Officer effective July 1, 2025. Mr. Kanwar Nitin Singh was appointed as Company Secretary and Compliance Officer in September 2025. The board currently includes two female directors, representing 28.57% of the total strength.

Sustainability Outlook

The company identified product design innovation and recycling as key opportunities for future growth. While current operations generate no environmental impact due to shutdown, management plans to adopt energy-efficient machinery upon resumption. The entity reported zero complaints across all stakeholder groups, including investors, employees, and customers, during the reporting period.

What the Numbers Show

The complete absence of revenue alongside the retention of 11 employees indicates fixed cost obligations persist despite zero output. With no trade payables recorded, the company has no immediate supplier liabilities, but the lack of cash flow from operations highlights a dependency on existing capital reserves to sustain the dormant state until market conditions improve.