Lakshmi Electrical Control Systems Ltd — Updates, 05-06-2025: Company Update

Lakshmi Electrical Control Systems Limited has announced a board meeting on which the following key decisions were made: The 44th Annual General Meeting (AGM) will be held, with the record date set for dividend and voting eligibility. Two additional directors were appointed — Sri Sudesh Koti Reddy (Non-executive Independent) and Sri Vedhanth Senthilkumar (Non-executive Non-Independent), both subject to shareholder approval. Sri Arjun Balu is proposed for re-appointment as Independent Director for a second five-year term. The company re-appointed S. Subbaraman as Cost Auditor, M/s MOS & Associates LLP as Secretarial Auditors for five years, and Sri V.C. Tirupathi as Internal Auditor for 2025-26. Sri Sanjay Jayavarthanavelu will retire as director and is not seeking re-appointment; the company will not fill this vacancy immediately. These changes reflect a focus on strengthening governance and continuity in auditing and leadership roles.