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

The Board of Directors has approved the acquisition of a 100% stake in Laxmi Infraspace Private Limited at book value, making it a wholly owned subsidiary. Additionally, land acquisition from promoter Jayeshkumar Chinulal Shah was also approved, pending shareholders' consent. A Postal Ballot Notice for this acquisition will be circulated to shareholders, with M/s Nirav Shah & Associates appointed as Scrutinizer for the ballot process. This strategic move aims to enhance the company’s real estate business activities, aligning with future project developments.