Lord's Mark Industries Limited conducted its Fifth Monitoring Committee meeting on January 03, 2026, through video conferencing under the chairmanship of Erstwhile Resolution Professional Mr. Amit C Poddar. The meeting addressed several critical corporate restructuring matters and strategic initiatives as the company works toward resuming trading on the BSE platform.

Capital Restructuring Progress

The Monitoring Committee reviewed significant progress on implementing the NCLT Order dated July 28, 2025. Key developments in the capital restructuring process include the identification of 4,90,051 equity shares held by former promoters for extinguishment and proportionate reduction of public shareholding to a maximum of 5% per shareholder.

The committee noted approval for a major share allotment as part of the amalgamation process:

The Erstwhile Resolution Professional has maintained constant communication with BSE and SEBI to finalize implementation and resume trading activities.

Rights Issue Approval

The Monitoring Committee unanimously approved a proposal to raise capital through a rights issue, demonstrating strong support for the company's growth plans:

The rights issue will proceed once the company's shares resume trading on the BSE platform, following completion of all regulatory compliances and capital structure updates.

Employee Stock Option Plan Implementation

To support expansion into renal care and medical technology sectors, the committee approved creation of an Employee Stock Option Plan (ESOP). The company has recently entered the renal care business through acquisition of RenalX Healthcare Systems Limited, which developed an AI-based dialysis machine.

The ESOP structure includes:

The company plans to manufacture and sell AI-based dialysis machines, operate dialysis centers across India, and export products internationally. Additionally, the company has developed a remote patient monitoring system with its own data center, receiving significant demand from the United States and Europe.

Financial and Administrative Matters

The committee ratified monitoring period expenses incurred by the Erstwhile Resolution Professional:

The expenses primarily comprised the Erstwhile RP's remuneration along with courier charges for various regulatory communications with BSE, SEBI, and the Registrar and Transfer Agent.

The meeting concluded with all agenda items receiving unanimous approval, reflecting strong committee support for the company's strategic direction and regulatory compliance efforts. The company continues working toward full implementation of the NCLT-approved scheme and resumption of trading activities.

Lord's Mark Industries Limited has submitted its Pre-Amalgamation Financial Statements as on March 31, 2025 to BSE Limited, fulfilling its regulatory obligations under SEBI listing requirements. The submission was made on December 30, 2025, as part of the company's compliance with disclosure norms.

Regulatory Compliance Details

The company filed the financial statements pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These pre-amalgamation statements have been prepared in accordance with applicable accounting standards and regulatory requirements.

Company Background

Lord's Mark Industries Limited, formerly known as Lords Mark India Limited and Kratos Energy & Infrastructure Limited, operates under BSE scrip code 501261. The company has undergone name changes as part of its corporate evolution.

Filing Purpose and Documentation

The Pre-Amalgamation Financial Statements have been uploaded specifically for disclosure and record purposes. This submission ensures transparency and compliance with stock exchange requirements, providing stakeholders with necessary financial information ahead of any potential amalgamation proceedings.

The filing represents the company's commitment to maintaining regulatory compliance and ensuring proper disclosure of financial information to market participants and regulatory authorities.