Laxmi India Finance Reports Strong Q2 Results, Amends Employee Stock Option Scheme

Laxmi India Finance Limited (LIFL) has reported robust financial results for the second quarter of fiscal year 2025, alongside announcing amendments to its Employee Stock Option Scheme.

Financial Performance

For the quarter and half-year ended September 30, 2025, LIFL posted a net profit after tax of Rs. 19.06 crore. This performance underscores the company's resilience and strategic growth initiatives in the financial services sector.

Employee Stock Option Scheme Amendments

The Board of Directors has approved ratification and amendments to the LAXMI INDIA FINANCE LIMITED EMPLOYEE STOCK OPTION SCHEME-2023. Key highlights of the amendments include:

Authorization to grant options equal to or exceeding 1% of the issued capital to identified employees
Administration of the scheme by the Nomination and Remuneration Committee
A maximum of 20,90,000 options can be granted to eligible employees
Each option is exercisable into one equity share with a face value of Rs. 5

These amendments are subject to shareholder approval through a postal ballot.

Scheme Details

Aspect	Details
Vesting Period	Minimum 1 year, maximum 4 years from the grant date
Exercise Period	Up to 5 years from the respective vesting date
Pricing	To be determined by the Nomination and Remuneration Committee, not lower than the face value of equity shares

The amended scheme aims to align employee interests with those of the company and its shareholders, potentially enhancing long-term value creation.

Corporate Update

LIFL announced a change in its Corporate Identification Number (CIN) from 'U65929RJ1996PLC073074' to 'L65929RJ1996PLC073074', reflecting its status as a listed entity following its debut on the BSE and NSE on August 5, 2025.

These financial results and strategic initiatives demonstrate Laxmi India Finance Limited's commitment to growth and employee engagement in the financial services landscape.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-6.89%	-3.95%	-2.57%	+2.53%	+2.53%	+2.53%

Laxmi India Finance Limited has successfully resolved an income tax compounding case related to the financial year 2016-17. The company paid ₹3.33 lakh in compounding charges to settle an offence under Section 276B read with Section 278B of the Income Tax Act.

Key Details of the Settlement

Aspect	Details
Financial Year	2016-17
Compounding Charges	₹3.33 lakh
Relevant Sections	276B read with 278B of Income Tax Act
Approving Authority	Principal Chief Commissioner of Income Tax (PCCIT), Rajasthan

Implications and Company Statement

The Principal Chief Commissioner of Income Tax (PCCIT), Rajasthan, has compounded the offence and instructed the Assessing Officer and CIT (TDS), Jaipur, to take necessary action. Laxmi India Finance has stated that there are no further financial implications resulting from this settlement. The company emphasized that no additional penalties, restrictions, or sanctions have been imposed following the resolution of this case.

Regulatory Compliance

In compliance with regulatory requirements, Laxmi India Finance Limited has duly informed the stock exchanges about this development. The company filed the necessary disclosures under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The resolution of this case demonstrates the company's commitment to addressing regulatory matters promptly and transparently. By settling the compounding case, Laxmi India Finance has taken a step towards maintaining good standing with tax authorities and ensuring compliance with income tax regulations.