M Lakhamsi Industries Announces 42nd AGM and Dividend Payout

Final dividend of Rs 0.10 per equity share declared for FY 2025-26.
Record date for dividend entitlement is set for September 11, 2026.

Reader Takeaway: Dividend payout confirmed for September, while consolidated profits show modest year-on-year growth despite flat standalone earnings.

What just happened

M Lakhamsi Industries Limited has issued the notice for its 42nd Annual General Meeting (AGM) to be held on September 24, 2026. The meeting will be conducted via Video Conferencing or Other Audio-Visual Means. A final dividend of Rs 0.10 per equity share with a face value of Rs 10 has been finalized, with the record date for eligibility fixed at September 11, 2026.

Why this matters

The announcement provides clarity on shareholder returns and corporate governance. Investors holding shares before the record date will be entitled to the dividend payout. The AGM also serves as a platform for shareholders to vote on the renewal of director tenures, which is critical for company leadership stability.

Governance Updates

The AGM agenda includes the re-appointment of Mr. Nilesh Damjibhai Vira as a director retiring by rotation. Furthermore, the company has proposed the re-appointment of Ms. Smita Mayur Parekh and Mr. Kunaal Himanshu Yoddha as Independent Directors for a second term of five years, extending their roles until 2031.

Financial Context

For the fiscal year 2025-26, the company reported consolidated profit at Rs 0.72 crore, an increase from Rs 0.62 crore in the previous year. On a standalone basis, revenue stood at Rs 99.06 crore compared to Rs 110.17 crore in FY 2024-25, with profit remaining relatively stable at Rs 0.71 crore.