Laxmi Goldorna House Limited — Others, 10-06-2025: Shareholders meeting

Laxmi Goldorna House Limited has announced a meeting of secured creditors to approve the amalgamation of its wholly owned subsidiary, Laxmi Infraspace Private Limited. The merger aims to simplify the group structure, boost operational efficiency, reduce overheads, and enhance shareholder value through integrated operations. Both companies’ boards have approved the scheme, which does not affect key management or involve debt restructuring. Secured creditors will vote via remote e-voting. This consolidation is expected to strengthen the company’s competitive position and optimize resource use.