LS Industries Ltd

Meeting outcomes

• Date of meeting: September 30, 2026; no material outcomes disclosed in this chunk.

Resignation of Director & CFO

• Naveen Kumar Gupta resigned as Director and Chief Financial Officer effective 01 October 2026.
• Resignation letter dated 10 September 2026 submitted due to pre-occupation.
• Appointment dates: Director on 14 April 2025 and CFO on 01 July 2025.
• Reason: Pre-occupation; no other material reasons stated.
• Gupta confirms no material reasons beyond those stated.
• Resignation noted; necessary corporate formalities to be completed.
• Brief profile: Not Applicable.
• Disclosure of relationships: Nil; no listed-director connections.

AGM details

• 32nd AGM on 30 Sep 2026 at 11:30 AM, held physically at the registered office.
• Remote e-voting from 27 Sep 2026, 09:00 to 29 Sep 2026, 17:00.
• Cut-off date for voting/attendance: 23 Sep 2026.
• Register of Members closed 24–30 Sep 2026.

Ordinary resolutions

• Adopt Audited Financial Statements for year ended 31 March 2026.
• Reappoint Naveen Kumar Gupta as Director, retiring by rotation.
• Reappoint Bhakoo & Co as Statutory Auditors; fix remuneration.

Special resolutions

• Adopt new MOA replacing existing MOA.
• Adopt new Articles of Association.
• Authorize loan to Robochef Agritech up to ₹1 crore; MD is interested.
• Raise investments limit under Section 186 to ₹50 Lacs; loan limit unchanged.

Overview

• Textile yarn manufacturer reporting on standalone basis for FY2025-26.
• Manufacturing unit non-operational during the year.
• No sales, purchases, or production activities occurred in FY2025-26.
• Total employees: 11; plant and office in Solan, Himachal Pradesh.
• Domestic market with B2B customers; GST registered in one state.
• Plans to resume with energy-efficient machinery and eco-friendly inputs.
• Board and KMP changes occurred; CFO appointed; Company Secretary appointed.

Key ESG Risks & Opportunities

• Product design and innovation offers opportunity; plan to invest in recycling and energy-efficient tech.
• Carbon emissions and energy risk; unit non-operational this year, emissions effectively zero.
• Water and wastewater risk; treatment to meet standards may incur regulatory costs.
• Waste management risk; plans to use fabrics with recycled components.
• Employee wellbeing risk; safety training conducted; efforts to improve retention.
• Human rights risk; anti-discrimination policy in place; internal code of conduct.
• Product quality and safety risk; paused operations; restart with quality controls.
• Corporate governance risk; compliance framework strengthened with monitoring and whistleblower mechanisms.
• Sustainability metrics alignment: targets to align with SEBI BRSR core indicators.

Governance & Policy Highlights

• MD is the highest ESG oversight; no separate sustainability committee.
• Policies covering ethics, anti-discrimination, whistleblowing, and POSH are board-approved and online.
• Anti-corruption policy not in place; whistleblowing and Code of Conduct exist.
• Grievance redress mechanism available; web link provided.
• Policies reviewed at least annually by the Board; some quarterly.
• Targets to publish independently assured BRSR within two financial years.
• Code of Conduct and Whistle-blower policy updated; digital recordkeeping improvements.
• NGRBC policy reviews involve board and management oversight.

Social Responsibility & Workforce

• Total employees: 11; female directors 2 of 7; female KMPs 0.
• Health and safety measures include health check-ups and medical insurance.
• Employee wellbeing programs include EAP, stress management, and flexible work options.
• Grievance mechanisms include Complaint Redressal Committee and Internal Complaints Committee.

Environmental Performance

• No environmental metrics reported due to non-operational year.
• Plans to reduce energy use via energy-efficient machinery and rooftop solar.
• Explore environmentally friendly inputs for restart.
• Targets to align with SEBI BRSR core metrics by FY2025-26.

Stakeholder Engagement & Complaints

• Key stakeholder groups include employees, investors, regulators, vendors, customers, banks, and community.
• Engagement channels include annual reports, email, website, and stock exchange disclosures.
• Engagement frequency described as periodic or event-based.
• Grievances filed in FY2025-26: none; grievance mechanism available online.

Other Notable Metrics

• Turnover related to product/service with information: 423 Lakhs.
• No data privacy or cyber security policy; no data breaches.
• Affiliations with trade chambers: none.
• Consumer complaints: 0; product recalls not applicable.

Standalone results

• Quarter ended 30 June 2026: Revenue from operation Rs 126.97 lakh.
• Quarter ended 30 June 2026: Total Income Rs 185.63 lakh.
• Exceptional items Rs 131.04 lakh related to ROU transfer.
• Profit after tax Rs 133.77 lakh.
• Earnings per share (basic/diluted) Rs 0.016.

Consolidated results

• Quarter ended 30 June 2026: Total Income Rs 185.346 lakh; Revenue from operation Rs 126.971 lakh.
• Quarter ended 30 June 2026: Profit before tax Rs 132.298 lakh.
• Quarter ended 30 June 2026: Total Comprehensive Income Rs 132.298 lakh.
• Earnings per share (basic/diluted) Rs 0.016.
• Acquisition: Robochef Agritech Pvt Ltd acquired Apr 6, 2026; consolidation includes subsidiary from date.

Meeting Details

• Date and time: 14 August 2026 at 03:00 PM IST.
• Venue: Registered Office and via Microsoft Teams.

Key Agenda Items

• Election of Chairman.
• Notice of the Meeting.
• Quorum and Leave of Absence; Minutes of Previous Meeting to be placed for consideration.
• Un-Audited quarterly results for quarter ended June 30, 2026, with Limited Review Report by Bhakoo & Co.
• Any other matter with permission of the Chairman.

Other Notes