Last Mile Enterprises Ltd

AGM Details

• Held on 30 September 2026 at 12:00 PM via Video Conference / OAVM.
• Quorum present; meeting chaired by the Chairman; proceedings conducted via VC.
• E-voting open for 15 minutes; results to be declared on the company's website.

Ordinary Business

• Adopt standalone and consolidated financial statements for year ended 31 March 2026.
• Declare dividend for FY 2025-26 as recommended by the Board.
• Re-appoint Brijendra Markandey Pandey as Director (retiring by rotation).

Special Business

• Re-appoint Amit Gulati as Non-Executive Independent Director.
• Appoint Shobha Bharti as Non-Executive Independent Director.

Governance & Process

• A Scrutinizer appointed to oversee e-voting and remote e-voting.

Auditor

• No changes to statutory auditor disclosed.

Record date details

• Record date fixed as 23 September 2026 for dividend entitlement and e-voting.
• General Meeting to approve entitlement in ensuing AGM on 30 September 2026.
• Shareholding eligibility applies to holders in physical or dematerialized form.
• No dividend amount or payment timeline specified.
• Subject to shareholder approval at the ensuing General Meeting.

Book closure details

• Book closure: 24 Sep 2026 to 30 Sep 2026 (inclusive) for AGM and dividend declaration.
• Purpose: 31st AGM and dividend declaration for FY 2025-26.
• Event: AGM on 30 Sep 2026 via VC/OAVM.
• Security: Equity shares.

Executive highlights

• Consolidated revenue: Rs 2,603.38 crore; PAT: Rs 15.70 crore; dividend proposed 2%.
• Standalone revenue from operations: Rs 1,189.82 Lakhs; down YoY from Rs 3,021.18 Lakhs.
• Consolidated PAT declined to Rs 15.70 crore from Rs 17.99 crore.
• Warrants converted: 50,67,650 into equity shares.
• Share split implemented in 2024-25; 10-for-1 split completed.

Standalone financials

• Revenue from operations: Rs 1,189.82 Lakhs; prior year Rs 3,021.18 Lakhs.
• Total income: Rs 2,136.29 Lakhs; prior year Rs 4,476.35 Lakhs.
• PAT: Rs 636.46 Lakhs; prior year Rs 1,058.76 Lakhs.
• EPS: Rs 0.18; no change YoY.
• Depreciation: Rs 159.76 Lakhs; Finance costs: Rs 56.36 Lakhs.

Consolidated financials

• Consolidated revenue from operations: Rs 259,242.05 Lakhs; prior year Rs 38,515.83 Lakhs.
• Total consolidated income: Rs 260,338.32 Lakhs; prior year Rs 40,345.91 Lakhs.
• PAT: Rs 1,570.49 Lakhs; prior year Rs 1,799.93 Lakhs.
• Consolidated EPS: Rs 0.34; prior year Rs 0.44.
• Operating margin: 1.21% for FY2025-26.

Dividends & capital actions

• Final dividend proposed at 2% on equity shares;
• Share capital increased via warrant conversion and prior split.
• Warrants converted: 50,67,650 warrants into shares.
• CSR expenditure Rs 15 Lakhs; governance disclosures on CSR spend.

Governance & audit

• Auditors: M/S H S K & Co LLP; Secretarial: A Shah & Associates; Internal: Babubhai Patel & Associates.
• Independent directors: Amit Gulati and Shobha Bharti; Dharmendra Gohil resigned 30-12-2025.
• Board and governance policies disclosed on company website.

Subsidiaries & group structure

• Damson Technologies: 60.57% holding; Fair Lane Realty: 99.78%; Last Mile Strategies: 51%.
• Last Mile Energy: 76%; Agrimile Solutions: 51%.
• Group investments and expansions expected to drive growth.

Related party & CSR

• Related party transactions disclosed; intercompany loans and investments recorded.
• CSR policy approved; Rs 15 Lakhs spent in FY2025-26; Rs 14.98 Lakhs as minimum obligation.

Risks & outlook

• Group aims to expand sustainability initiatives and global markets in 2026-27.
• Risks include market, regulatory, and liquidity considerations.

AGM Details

• Date/time: 30 September 2026, 12:00 PM.
• Mode: VC/OAVM.
• Cut-off date for voting: 23 September 2026.
• Register of Members/Share Transfer Books closed: 24–30 September 2026.

Resolutions to be voted

• Ordinary: Adopt standalone and consolidated financial statements for FY2025-26.
• Ordinary: Dividend for FY2025-26 proposed (2% per share).
• Ordinary: Re-appoint Brijendra Markandey Pandey as Director (retiring by rotation).
• Special: Re-appoint Amit Gulati as Non-Executive Independent Director for 5 years.
• Special: Appoint Shobha Bharti as Non-Executive Independent Director for 5 years.

Director changes

• Amit Gulati reappointed as Independent Director for five-year term commencing Sept 27, 2026.
• Shobha Bharti appointed as Independent Director for five years from Aug 14, 2026.
• Brijendra Markandey Pandey to be re-appointed as Director (retiring by rotation).

Voting status

• Voting results are not disclosed in this filing.

Board and KMP changes

• Appointment: Shobha Bharti appointed Additional Non-Executive Independent Director, effective 14 Aug 2026, term to AGM.
• Profile: 12+ years in Company Secretarial, governance, listing compliance.
• Not debarred by SEBI or authorities; no director relationships.
• Re-appointment: Amit Gulati as Non-Executive Independent Director, effective 27 Sep 2026, for five years.
• Profile: Commerce graduate from Delhi University with extensive management experience.
• Not debarred by SEBI; no related party status.

Key quarterly results

• Consolidated revenue from operations: ₹38,659.20 lakh in Q1 FY2026/27.
• Total consolidated income: ₹38,833.91 lakh; quarter ended 30 June 2026.
• PAT after tax: ₹165.31 lakh; net profit to owners ₹157.92 lakh.
• Standalone revenue from operations: ₹396.07 lakh; standalone PAT ₹147.68 lakh.
• EPS (continuing operation): Basic & Diluted ₹0.04 per share.
• Note: Consolidated results include the real estate and mobile accessories segments.