Landmarc Leisure Corporation Ltd — Others, 21-05-2025: AGM/EGM

Landmarc Leisure Corporation Limited has announced a board meeting to approve two key matters via postal ballot with remote e-voting. The company plans to raise up to Rs. 19.98 Cr through preferential allotment of 18 crore equity shares at a price of Rs. 1.11 per share to several non-promoter investors. The funds will be used for business expansion, working capital, and general corporate purposes. Additionally, the company seeks approval for the re-appointment of Mr. Mahadevan Ramanathan Kavassery as Whole-Time Director and CFO, with an annual remuneration of Rs. 7.68 lakh for three years. This re-appointment supports the company’s continued operational management amid ongoing efforts to improve financial performance.