Laxmipati Engineering Works Ltd

📊 Laxmipati Engineering Works Seeks Shareholder Approval for Related Party Transaction

• Postal ballot with remote e-voting for shareholder approval on a material related party transaction.

• Cut-off date for voting rights is February 25, 2026.

• E-voting open from March 2, 2026 (9:00 AM IST) to March 31, 2026 (5:00 PM IST).

• Results declared on or before April 2, 2026.

• Resolution seeks approval for transaction with Laxmipati Apparel Private Limited, involving job work services up to ₹25 crores annually.

• Common directors Rakesh Govindprasad Sarawagi, Sanjaykumar Govindprasad Sarawagi, and Manoj Govindprasad Sarawagi have an interest in the transaction.

• Transaction deemed at arm's length and in the ordinary course of business.

• Shareholders can vote electronically via CDSL's platform; email registration required.

• Related parties required to abstain from voting.