Kovilpatti Lakshmi Roller Flour Mills Ltd — Board Meeting, 29-05-2025: Board Meeting

Kovilpatti Lakshmi Roller Flour Mills Limited has announced a board meeting on which it approved the financial results for the quarter and year ended March 31, 2025, with the statutory auditor issuing an unmodified opinion. The Board proposed a dividend of Rs.0.50 per equity share (face value Rs.10) for FY 2024-25, subject to shareholder approval. The company re-appointed cost and internal auditors for various divisions for FY 2025-26 and recommended the appointment of M/s MDS & Associates LLP as Secretarial Auditors for five years. Sri Raj Kumar Agarwal will join as Additional Director and Executive Director for three years, pending shareholder approval. The Board also approved the sale of approximately 8 acres of unused vacant land at Gangaikondan to related party Arva Storage Solutions Pvt Ltd on an arm’s length basis at market price, expected to complete by year-end. The 63rd Annual General Meeting will be held via video conferencing.