Lakshmi Electrical Control Systems Ltd — Important, 31-07-2026: Company Update

The company's 45th Annual General Meeting saw shareholders approve significant updates. M/s. NRD Associates, Chartered Accountants, were appointed as the new Statutory Auditors for a five-year term, replacing the previous firm whose tenure concluded. Shareholders also approved an amendment to Article 84 of the Articles of Association. This change clarifies the framework for appointing and remunerating key directors, including the Chairman, Managing Director, and Whole Time Directors, bringing it in line with current company law provisions. These approvals support continued compliance and governance practices.