Lambodhara Textile 32nd AGM: Key Resolutions and Financials

FY 2025-26 Profit After Tax reported at Rs 11.00 crore; EPS stands at Rs 10.60.
Reader Takeaway: AGM covers routine dividend and leadership approvals alongside significant related party transaction limits for review.

What just happened

Lambodhara Textile Limited has notified its 32nd Annual General Meeting (AGM) to be conducted via video conference on September 29, 2026. The meeting will address several statutory and special business resolutions essential for the company's operational framework for the coming fiscal year.

Why this matters

The agenda includes the approval of material related party transactions with Strike Right Integrated Services Limited. This involves an omnibus limit of Rs 400 crore each for the purchase and sale of yarn and fibres, representing a significant volume of trade with a major shareholder holding 37.34% of the equity.

Governance and Leadership

Shareholders will vote on the re-appointment of three Whole-time Directors: Mrs. Bosco Giulia, Mr. Narayanasamy Balu, and Mr. Nishanth Balu, all for three-year terms. Additionally, the company is seeking ratification for the cost auditor's remuneration and has appointed a new secretarial auditor to fill a casual vacancy.

Operational Changes

The company formally transitioned its Registrar and Share Transfer Agent services to Cameo Corporate Services Limited effective August 5, 2026. Investors should note this change for any future share-related administrative queries.

Context Metrics

Financial performance for FY 2025-26 shows improvement compared to the previous year, with Profit After Tax rising to Rs 11.00 crore from Rs 6.82 crore in FY 2024-25. Total revenue also saw a marginal increase to Rs 243.20 crore.