Lloyds Luxuries Limited — Others, 07-07-2025: Shareholders meeting

Lloyds Luxuries Limited has announced a board meeting to seek shareholders’ approval at its upcoming AGM for increasing the remuneration of Managing Director Mr. Prannay Dokkania. His revised pay includes a salary of Rs. 34.5 lakh per annum and perquisites and allowances of Rs. 1.1 Cr per annum, along with performance-based incentives capped at Rs. 1.1 Cr for one year from April 2025. The company will also issue Employee Stock Options to him under the existing ESOP Scheme. Despite reporting a loss in FY25 due to strategic capital investments, the company is targeting revenue and profit growth in the coming years. Additionally, M/s. Mitesh Shah & Co. has been appointed as Secretarial Auditor for five years, reflecting a focus on strengthening governance and compliance.