M Lakhamsi Industries Limited held its 42nd Annual General Meeting (AGM) on September 24, 2026, through Video Conferencing. Shareholders approved the adoption of audited financial statements for FY26 and a final dividend of ₹0.10 per equity share.

The meeting, conducted pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 12:05 pm and concluded at 12:15 pm. The requisite quorum was present, with 12 members attending electronically out of 178 shareholders on the record date of September 17, 2026.

Key resolutions passed

The members transacted both ordinary and special business items through remote e-voting and e-voting during the meeting. All six resolutions were passed with requisite majority. The following key resolutions were considered:

• Adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026.
• Declaration of a final dividend of ₹0.10 per equity share for FY26.
• Re-appointment of Mr. Nilesh Damjibhai Vira as Director, retiring by rotation.
• Re-appointment of Ms. Smita Mayur Parekh as an Independent Director.
• Re-appointment of Mr. Kunaal Himanshu Yoddha as an Independent Director.

Voting results and attendance details

The voting process was scrutinized by Mr. Amit Saxena of M/s Amit Saxena & Associates. The e-voting period ran from September 21 to September 23, 2026. A total of 52,44,516 votes were cast in favor of all resolutions, with zero votes against and no invalid votes recorded across all items.

Meeting attendance and proceedings

The AGM was chaired by Mr. Sanjiv Mulchand Sawla, Chairman and Managing Director. Ms. Yukti Goel, Company Secretary and Compliance Officer, welcomed the attendees and briefed them on the electronic voting procedures. No requests were received from shareholders to speak or raise queries during the session.

The following directors and invitees attended the meeting via VC:

Ms. Goel also informed members that Mr. Amit Saxena of M/s Amit Saxena & Associates was appointed as the Scrutinizer to ensure a fair and transparent e-voting process. The results of the voting are to be announced within two working days and displayed on the company website and stock exchange platforms.

M Lakhamsi Industries Limited approved a final dividend of ₹0.10 per equity share for FY26 during its Board meeting on August 27, 2026. The Board fixed September 11, 2026, as the record date to determine shareholder eligibility.

The company has dispatched the Annual Report for the financial year ended March 31, 2026, to members via electronic media. Physical copies are no longer mandatory under Ministry of Corporate Affairs (MCA) circulars. Shareholders can access the report and notice on the company website.

Key Decisions

The Board also approved the following matters during the session:

• Approval of the Board’s Report along with applicable annexures for FY26.
• Re-appointment of two Independent Directors: Ms. Smita Mayur Parekh and Mr. Kunaal Himanshu Yoddha.
• Appointment of M/s Amit Saxena & Associates as the Scrutinizer for e-voting during the AGM.
• Convening of the 42nd AGM on September 24, 2026, at 12:00 pm via video conferencing or other audio-video means.

Director Re-appointments

The Board recommended the re-appointment of two independent directors for a second term of five consecutive years, subject to shareholder approval at the AGM.

Both directors have no relationship with existing directors and are not debarred from holding office by SEBI or other authorities.

E-Voting and AGM Details

Shareholders holding shares as of the cut-off date, September 18, 2026, are eligible to vote. Remote e-voting will be facilitated by Central Depository Services (India) Limited (CDSL).

Members who have already cast their votes via remote e-voting may attend the AGM but cannot vote again. Those who have not voted remotely can cast their votes electronically during the meeting.

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 3:00 pm and concluded at 3:45 pm at the company’s registered office in Mumbai.