Laxmipati Engineering Works Ltd — Others, 23-06-2025: AGM/EGM

Laxmipati Engineering Works Limited has announced a board meeting to adopt the financial results for the quarter and half-year ending March 31, 2025, and to hold its 14th Annual General Meeting at its registered office. Key agenda includes re-appointment of Executive Director Mr. Manojkumar G Sarawagi, regularization of Mr. Amitkumar V. Khemani as Non-Executive Independent Director for five years, and approval of Mr. Ranjit Binod Kejriwal as Secretarial Auditor for five years. Shareholders will also approve material related party transactions involving unsecured loans up to Rs. 70 Cr across entities related to directors, and supply/installation contracts up to Rs. 50 Cr. Increased remuneration for Manager Mr. Amit Khandelwal to Rs. 2 lakh/month plus Rs. 9 lakh annual benefits is proposed, reflecting his pivotal role in the expanding business.