Laxmipati engineering Works Limited has announced key management changes following a Board meeting held on January 10, 2026. The company has made significant transitions in its Company Secretary position, ensuring continuity in corporate governance and compliance functions.

Board Meeting Outcomes

The Board of Directors convened on Saturday, January 10, 2026, at 03.00 P.M. at the company's registered office located at Office Block, First Floor Pl. No. 237/2 & 3 Sub Pl. No. A/25 Central Park Soc. G.I.D.C Pandesara, Surat 394221. The meeting, which concluded at 03.30 P.M., addressed critical management transitions in compliance with SEBI regulations.

Management Transition Details

The Board made two key decisions regarding the Company Secretary position:

Outgoing Company Secretary

Ms. Darshana Hareshbhai Gorasiya submitted her resignation letter on January 3, 2026, requesting relief from her responsibilities as Company Secretary and Compliance Officer due to personal reasons. In her resignation letter, she confirmed that there were no other material reasons for her departure and expressed gratitude to the Board of Directors and staff members for their cooperation and support during her tenure.

New Company Secretary Profile

Ms. Payu Bhardwaj brings relevant qualifications and experience to her new role:

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All necessary particulars regarding both the resignation and appointment have been provided in compliance with Schedule III of SEBI (LODR) Regulations, 2015 and relevant SEBI circulars. The seamless transition ensures continuity in the company's compliance and corporate governance functions without any operational disruption.

Laxmipati engineering Works Limited has announced key leadership changes in its Company Secretary position following a Board meeting conducted on January 10, 2026. The meeting, held at the company's registered office in Surat, addressed the resignation and subsequent appointment of Company Secretary and Compliance Officer roles.

Board Meeting Outcomes

The Board of Directors convened on Saturday, January 10, 2026, at 3:00 PM at the registered office located at Office Block, First Floor, Plot No. 237/2 & 3, Sub Plot No. A/25, Central Park Society, GIDC Pandesara, Surat. The meeting concluded at 3:30 PM after addressing the key personnel changes.

Resignation of Current Company Secretary

The Board accepted and approved the resignation of Ms. Darshana Hareshbhai Gorasiya (ACS: 73274) from her position as Company Secretary and Compliance Officer. Her resignation became effective from the close of business hours on January 10, 2026. According to her resignation letter dated January 3, 2026, Ms. Gorasiya cited personal reasons for her decision to step down from the role.

In her resignation letter, Ms. Gorasiya expressed gratitude to the Board of Directors and staff members for their cooperation and support during her tenure. She confirmed that there were no other material reasons for her resignation beyond the personal circumstances mentioned.

Appointment of New Company Secretary

The Board simultaneously appointed Ms. Payu Bhardwaj (ACS: 79654) as the new Company Secretary and Compliance Officer, effective January 11, 2026. This appointment ensures continuity in the company's secretarial and compliance functions without any gap in leadership.

Professional Background of New Appointee

Ms. Payu Bhardwaj brings relevant qualifications and experience to her new role. She is an Associate Member of the Institute of Company Secretaries of India (ICSI) and holds a Commerce Graduate degree from Veer Narmad South Gujarat University. Her professional background includes exposure to corporate secretarial compliances, with specific experience in matters under the Companies Act, 2013 and SEBI Regulations.

The appointment reflects the company's commitment to maintaining robust corporate governance standards and ensuring compliance with regulatory requirements. Ms. Bhardwaj's expertise in SEBI regulations and corporate secretarial matters positions her well to handle the compliance responsibilities of the listed company.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to BSE Limited, where Laxmipati Engineering Works Limited is listed with scrip code 537669. The company provided comprehensive details about both the resignation and appointment as required by regulatory frameworks, ensuring transparency for stakeholders and maintaining compliance with listing requirements.