Laxmi Goldorna House Limited — Board Meeting, 22-03-2025: Outcome of Board Meeting

The board meeting has concluded with significant decisions made by Laxmi Goldorna House Limited. The company approved the acquisition of a 100% stake in Laxmi Infraspace Private Limited at book value. This acquisition positions Laxmi Infraspace as a wholly owned subsidiary, enhancing the company's footprint in real estate development. In addition, the board has authorized the acquisition of land from promoter Jayeshkumar Chinulal Shah, subject to shareholder approval. A postal ballot notice for this acquisition was also approved, alongside the appointment of a scrutinizer for the ballot process, ensuring transparency.