Laxmi Goldorna House Limited — Board Meeting, 07-06-2025: Outcome of Board Meeting

Laxmi Goldorna House Limited has announced a board meeting approving the merger of its wholly owned subsidiary, Laxmi Infraspace Private Limited, into itself. This internal consolidation aims to simplify the group structure, boost operational efficiency, cut costs, and enhance shareholder value. No shares or cash will be issued. The company has also set the stage for an EGM and creditors’ meeting to approve the merger and appointed a scrutinizer for voting. The move aligns their real estate and gold jewelry operations under one roof.