Lakshmi Electrical Control Systems Ltd — Others, 22-07-2025: Others

Lakshmi Electrical Control Systems (LAKSELEC) released its Annual Report for the fiscal year ended March 31, 2025. Revenue from operations significantly decreased to 212.31 Cr from 337.97 Cr in the prior year, with profit after tax falling to 3.47 Cr from 13.96 Cr. The company has proposed a dividend of ₹4.00 per equity share. Key board changes include the appointment of Sudesh Koti Reddy as an Independent Director and Vedhanth Senthilkumar as a Non-Executive Director, alongside Arjun Balu's re-appointment. A director also plans to not seek re-appointment. The company also gained approval for material related party transactions up to 450 Cr with LMW Limited and 100 Cr with Lakshmi Precision Technologies, vital for its operations.