Laxmi Dental Limited to hold 22nd AGM on Sep 25, 2026, to approve FY26 financials and IPO proceeds utilization.

Laxmi Dental Limited has announced that its 22nd Annual General Meeting (AGM) is scheduled to be held on Friday, September 25, 2026, at 10:00 am IST. The meeting will be conducted through video conferencing (VC) or other audio-visual means (OAVM).

The primary agendas for the AGM include the adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. Additionally, the meeting will seek approval for a variation in the objects and an extension of the timeline for the utilization of the company's Initial Public Offering (IPO) proceeds. Specifically, the company proposes to reallocate funds from existing objects, such as capital expenditure for new machinery, towards the acquisition of land and construction of a manufacturing plant for a dental laboratory and aligner facility, as well as the purchase of new machinery for this facility. The revised utilization for these new objects is planned for Financial Year 2027 and Financial Year 2028. The company also plans to re-appoint Mr. Rajesh Vrajlal Khakhar as a Whole-time Director.

The notice also details the procedures for e-voting, including remote e-voting and e-voting during the AGM, for all shareholders. The cut-off date to determine eligibility for voting is Friday, September 18, 2026. The company has appointed Mr. Muffaddal Jawadwala as the Scrutinizer for the e-voting process.