LKP Securities Limited, a prominent player in the stock broking industry, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, along with significant changes to its board composition.

Financial Performance

The company's financial results for Q2 FY2026 were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 31, 2025. While specific financial figures were not disclosed in the provided information, LKP Securities has reported its results in compliance with Indian Accounting Standards (Ind AS) and SEBI regulations.

Board Appointments

In a move to strengthen its corporate governance, LKP Securities has made two key appointments to its Board of Directors:

1. Mr. Vineet Suchanti: Appointed as an Additional Director to hold the office of Non-Executive Independent Director for a five-year term starting October 31, 2025.

   • Mr. Suchanti brings over 25 years of experience in Investment Banking and Capital Markets.
   • He is the Founder and Managing Director of Keynote, a leading investment bank focused on India's mid-market segment.
   • He holds an MBA from the University of Rochester, NY, USA, and a B.Com from the University of Mumbai.

2. Mr. Dara J. Kalyaniwala: Also appointed as an Additional Director to serve as a Non-Executive Independent Director for a five-year term commencing October 31, 2025.

   • Mr. Kalyaniwala has over 30 years of experience in Equity Capital Markets.
   • He previously served as Head-Investment Banking and Executive Director at PL Capital Markets Pvt. Ltd. (2008 to 2024).
   • He is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Rajasthan.

Both appointments are subject to shareholder approval.

Corporate Governance

The company has affirmed that neither Mr. Suchanti nor Mr. Kalyaniwala is debarred from holding the office of Director by virtue of any SEBI order or any other such authority. These appointments are expected to bring valuable expertise and insights to LKP Securities' board, potentially enhancing the company's strategic direction and oversight.

LKP Securities continues to demonstrate its commitment to transparency and compliance by promptly disclosing these developments to the stock exchanges, in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investors and stakeholders will be keenly watching how these new appointments and the company's financial performance will impact its future growth and market position in the competitive stock broking industry.

Significant Shareholding Change at LKP Securities

LKP Securities Limited has reported a substantial change in its shareholding structure following the transmission of shares from the late Mr. Mahendra V. Doshi to his son, Pratik M. Doshi, the company's Managing Director and promoter.

Details of the Transmission

The transmission, which occurred following the demise of Mr. Mahendra V. Doshi on September 17, 2025, involved a total of 92,58,107 equity shares. The breakdown of the transmitted shares is as follows:

Impact on Pratik Doshi's Shareholding

As a result of this transmission, Pratik Doshi's shareholding in LKP Securities has seen a significant increase:

Regulatory Compliance

It's important to note that this acquisition falls under the SEBI regulations for transmission, succession, or inheritance. As such, it is exempted from open offer requirements, ensuring compliance with regulatory standards.

Promoter and Promoter Group Shareholding

Despite the individual change in Pratik Doshi's shareholding, the consolidated shareholding of the Promoter and Promoter Group remains unchanged:

This transmission marks a significant shift in the individual shareholding pattern of LKP Securities' top management, while maintaining the overall promoter group stake in the company.