Linaks Microelectronics Ltd

AGM Details

• Date: 29 September 2026
• Time: 3:08 PM IST
• Mode: VC/OAVM with deemed venue at registered office
• Remote e-voting window: 26–28 September 2026

Key Resolutions and Outcomes

• Item 1 (Ordinary): Adopt Audited Financial Statements and reports; passed.
• Item 2 (Ordinary): Ishu Mishra re-appointed as Director; retired by rotation; passed.
• Item 3 (Special): Anu Shukla appointed as Independent Director; passed.
• Item 4 (Special): Vedangi Singh appointed as Independent Director; passed.
• Item 5 (Special): Aman Bajpai appointed as Independent Director; passed.

Director Changes

• Ishu Mishra re-appointed; director retires by rotation.
• Anu Shukla appointed as Independent Director.
• Vedangi Singh appointed as Independent Director.
• Aman Bajpai appointed as Independent Director.

LINAKS MICROELECTRONICS LIMITED - Trading window closed from 1 October 2026 till the end of 48 hours after the declaration of un-audited financial results for the half year and quarter ended 30 September 2026

AGM Details

• AGM held on 29 Sep 2026 at 03:00 PM IST via VC/OAVM.

Key Resolutions

• Adopt Audited financial statements and reports — Ordinary Resolution.
• Re-appoint Ishu Mishra by rotation — Ordinary Resolution.
• Appoint Anu Shukla as Non-exec Independent Director — Special Resolution.
• Appoint Vedangi Singh as Non-exec Independent Director — Special Resolution.
• Appoint Aman Bajpai as Non-exec Independent Director — Special Resolution.

Voting Status

• Voting results pending; outcome not disclosed in filing.

Directors

• Anu Shukla appointed Non-exec Independent Director; Special Resolution.
• Vedangi Singh appointed Non-exec Independent Director; Special Resolution.
• Aman Bajpai appointed Non-exec Independent Director; Special Resolution.

Auditors

• Statutory Auditor present; no new appointment disclosed.

AGM Details

• Date/time and mode: 29 Sep 2026, 03:00 PM IST; VC/OAVM.

Ordinary Resolutions

• Adopt audited financial statements and reports.
• Re-appoint Ishu Mishra by rotation.

Special Resolutions

• Appoint Anu Shukla as Non-exec Independent Director for 5 years (Sept 4, 2026–Sept 3, 2031).
• Appoint Vedangi Singh as Non-exec Independent Director for 5 years (Sept 4, 2026–Sept 3, 2031).
• Appoint Aman Bajpai as Non-exec Independent Director for 5 years (Sept 4, 2026–Sept 3, 2031).

Director Changes (post-year)

• Appointments: Anu Shukla, Vedangi Singh, Aman Bajpai appointed as Additional Directors for five years.
• Resignations: Srivastava and Komilla Singh ceased as Independent Directors.

Auditors

• Statutory Auditor RSJ B & Associates appointed for five-year term until 45th AGM.
• Secretarial Auditor PK Mishra & Associates appointed for FY 2025-26.
• Internal Auditor Saurabh Gaur & Co., appointed Aug 2025.

Dividend

• Dividend proposed/approved: None.

Related Party Transactions

• No material related party transactions during the year.

Other Governance / Disclosures

• CSR not applicable; Nomination and Remuneration Policy adopted; website improvements ongoing.

Voting Results

• Voting outcomes not disclosed in this filing.

Financial performance

• Revenue from operations was 0.00 in FY2025-26.
• Total revenue stood at ₹11,31,200.00.
• Total expenses were ₹32,37,995.97.
• Profit before tax was ₹-21,06,795.97.
• Profit after tax was ₹-21,06,795.97.
• Basic EPS: ₹-0.65; Diluted: ₹-0.65.
• Paid-up capital stood at ₹4,95,35,300.00.

Dividends and reserves

• Dividend not recommended due to lack of distributable profit.
• Authorized share capital: ₹9,00,00,000; paid-up capital: ₹4,95,35,300.

Capital structure & liquidity

• Long-term borrowings: ₹24,03,91,443.33.
• Short-term borrowings: ₹71,45,186.00.
• Cash and cash equivalents: ₹2,00,664.80.
• Net cash from operating activities: ₹-15,57,371.65.
• Cash flows from financing: ₹15,61,000.36.
• Net increase in cash: ₹3,628.71.

Governance highlights

• Board comprises five directors; MD and EDs named.
• Independent directors Anu Shukla, Vedangi Singh, Aman Bajpai appointed Sept 4, 2026 for 5 years.
• Resignations: Prakash Chandra Srivastava and Komilla Singh ceased as independent directors on Sept 4, 2026.
• Audit, Nomination & Remuneration, and Stakeholders committees constituted.

Audit & secretarial

• Statutory auditors: M/s R S J B & Associates; five-year term from 2025.
• Secretarial auditor: M/s P.K. Mishra & Associates; MR-3 annexure included.
• Observations: delay in CS appointment; governance gaps; website not maintained; rectified.

Regulatory matters & risks

• Ongoing insolvency resolution under IBC; NCLT order and related party guarantees.
• Linaks is guarantor to Clarion Township borrowings; Canara Bank mortgage.
• Management changed in 2024; resolution plan continuing; shares transfer not yet completed.

Outlook & strategy

• Management aims to add new activities; momentum expected in the current year.
• Risks include dependence on a single market segment and technological obsolescence.

Listing & shareholding

• Listed on BSE; scrip code 517463; ISIN INE028C01027.
• Annual listing fees paid; Registrar Beetal appointed.
• Promoter/major holding: Anil Kumar Singh Meena holds about 31.30%.

Board approves Q1 2026 results

• Board approved unaudited standalone results for quarter ended June 30, 2026.
• Limited Review Report from R S J B Associates issued with unmodified opinion.
• Results to be available on linaks.in and BSE website.
• Board meeting held 4:00 PM to 4:30 PM IST.

Meeting Details

• Board meeting scheduled for 11 August 2026; time and venue not disclosed.

Key Agenda Items

• Unaudited standalone financial results for quarter ended 30 June 2026 with Limited Review Report.
• Any other matters.

Other Notes

• Trading window closed for designated persons from 01 July 2026 until 48 hours after unaudited results announcement.

Dematerialisation processing and related actions

• Securities dematerialised in Q2 2026 were confirmed to depositories (accepted/rejected) and listed on exchanges.
• Certificates for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner within 15 days.