Lakshmi Electrical Control Systems Ltd — Important, 25-08-2025: Company Update

Lakshmi Electrical Control Systems Limited's 44th Annual General Meeting saw shareholders approve several key proposals. The company adopted its annual financial statements and declared a dividend of Rs. 4.00 per equity share, totaling approximately 0.98 Cr. Shareholders also ratified the Cost Auditor's remuneration of Rs. 40,000 and appointed new Secretarial Auditors. Significant board changes were approved, including the appointment of two new directors and the re-appointment of an existing independent director. Crucially, material related party transactions up to 450 Cr with LMW Limited and 100 Cr with Lakshmi Precision Technologies Limited were authorized, impacting future business operations.