Proceedings and outcome of the Annual General Meeting

SEC/SE/2026-2027 July 31, 2026 BSE Limited, Floor 25 Phiroze Jeejeebhoy Towers, SECURITY ID : LAKSELEC Dalal Street, SECURITY CODE : 504258 Mumbai - 400 001 Dear Sir I Madam, Sub: Proceedings I Outcome of 45th AGM of the Company- Reg. Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the proceedings I outcome of the 45th Annual General Meeting (AGM) of the Company held on 3151July2026 is enclosed herewith. Kindly take on record the same. Thanking you, For Lakshmi Electrical Control Systems Limited S. Sathyanarayanan Company Secretary and Compliance Officer 0008 ADMN. OFFICE & WORKS: Arasur-641 407, Coimbatore Dist,lndia. Phone: +91 422 6616500, Fax: +914226616555. E-Mail: contact@lecsindia.com REGISTERED OFFICE: 504, Avinashi Road, Peelamedu Post, Coimbatore -641 004 CIN No.: L31200TZ1981PLC001124,Website: www.lecsindia.com GSTN: 33AAACL3737E1ZW PROCEEDINGS OF THE 45TH ANNUAL GENERAL MEETING OF MEMBERS OF LAKSHMI ELECTRICAL CONTROL SYSTEMS LIMITED HELD ON FRIDAY THE 315T DAY OF JULY 2026 AT 9.45 AM AT "NANI KALAi ARANGAM" MANI HIGHER SECONDARY SCHOOL, PAPPANAICKENPALAYAM, COIMBATORE-641037, TAMILNADU Meeting commenced at: 9.45 AM Meeting concluded at: 10.20 AM DIRECTORS PRESENT SI. No Name Designation 1. Smt. Nethra J.S. Kumar Chairperson and Managina Director. 2. Sri. D. Senthilkumar Non - Executive Director, Member of Stakeholders Relationship Committee and Chairman of Corporate Social Responsibility Committee. 3. Sri. Vedhanth Senthilkumar Non- Executive Non-Independent Director. 4. Sri. N. R.Selvaraj Independent Director, Chairman of Audit Committee and Nomination & Remuneration Committee. 5. Sri. Arjun Balu Independent Director, Member of Audit Committee, Nomination & Remuneration Committee, Corporate Social Responsibility Committee and Chairman of Stakeholders Relationship Committee. 6. Sri. C. Kamatchisundaram Independent Director, Member of Audit Committee and Nomination & Remuneration Committee. 7. Sri. Sudesh Koti Reddy Independent Director. In attendance: 1 Sri. S. Sathyanarayanan Company Secretary In presence: 1 Sri.T.S.Anandathirthan M/s Subbachar & Srinivasan, Statutory Auditor 2 Sri.B.Krishnamoorthi Scrutiniser 3 Sri.M.D.Selvaraj Secretarial Auditor 4 Sri. J. Sivakumar Chief Operating Officer 5 Sri. A Thiagarajan Chief Financial Officer Members present: Promoter/Promoter Group - 4 Public-48 No members were present through proxy. Sri. N.R.Selvaraj, Chairman of the Audit Committee and Chairman of the Nomination Remuneration Committee was present at the meeting. Sri. Arjun Balu, Chairman of the Stakeholders' Relationship Committee was present at the meeting. The Register of Directors & Key Managerial Personnel and their shareholding maintained under Section 170 of the Companies Act, 2013, Register of Contracts and Arrangements in which Directors are interested, maintained under Section189 of the Companies Act, 2013, /,:;-;;,c,f\c. C01v~ '.\ '. /.'-_''/,,----..:_I /2 '\:\ 'f \' '! j V w ~~' -," , · \( L ,...,- 0•1 Mf: 8.. 1: ': .fO4 ''C"- .\ l 1!( w - :" < 7 \ p' j;I 1 copy of statutory Auditors' Report and Secretarial Auditor's _Report were kept open for inspection by the members at the commencement of the meeting and were accessible during the continuance of the meeting. Smt. Nethra J.S. Kumar, Chairperson and Managing Director presided over the meeting. The requisite quorum being present, the Chairperson declared the meeting as properly constituted and called the meeting to order and the meeting commenced at 9.45 AM. The Chairperson extended a warm welcome to the members for 45th Annual General Meeting of the Company and informed that the Notice of Annual General Meeting, Annual Financial Statements viz., Statement of Profit and Loss, Cash Flow Statement for the year ended 31st March 2026, Balance Sheet as on that date, Auditors' Report, Directors' Report and annexures thereto were in the hands of the members for the statutory period, with the general permission of the members present, they were taken as read. The Chairperson further informed that the statutory Auditors Report and Secretarial Auditor's Report were clean reports and there is no res~rvation, qualification, or any adverse remarks. The Chairperson introduced the Directors on the dais and delivered her speech, covering overall financial performance of the Company and performance of the business segments. The Chairperson further informed that in compliance of the statutory requirements, arrangements were made for remote e-voting through National Securities Depository Limited. To enable those shareholders who have not availed the remote e-voting and present at the meeting, facilities to participate in the voting process through voting by ballot paper was also arranged. The Chairperson further informed that to oversee the remote e-voting process and voting by Ballot paper in a fair and transparent manner, the Board of Directors had appointed Sri. B. Krishnamoorthi, Practicing Chartered Accountant, Coimbatore as the Scrutinizer and was present at the meeting. The Chairperson, then invited questions, if any, from the members relating to the performance of the Company. The Chairperson clarified few queries raised. The Chairperson briefed the items of business as proposed in the Notice of AGM and then informed that no motion would be moved with respect to the resolutions set out in the Notice dated 2Q1h May 2026 convening the 45th AGM, since all the resolutions were already put to vote during the remote e-voting period and that there is no voting by show of hands at the AGM. Since, Smt. Nethra. J.S. Kumar, Chairperson was interested in the Item No. 3,6 and 7 Sri. Arjun Balu, non interested Director for these items read and chaired the meeting with the permission of the shareholders present at the AGM. After this, Smt. Nethra. J.S. Kumar re occupied the Chair and continued the proceedings of the AGM. The Chairperson requested members present to cast their vote by ballot paper circulated to them, if they did not cast their vote by remote e-voting. The Chairperson also informed the members and proxy holder, if any, to fill up the Ballot Paper and deposit the completed ballot papers in the Ballot Boxes. She further informed that the resolutions as set forth in the notice shall be deemed to be passed on the date of the AGM, subject to the receipt of the requisite number of votes. The Chairperson informed that on receipt of Scrutinizer's report, the results of voting would be announced at the Registered Office of the Company within 2 days of the closure of AGM and the results would be posted in the Company's website and informed to the Stock Exchange. The Chairperson informed that arrangements has been made for the distribution of dividend through HDFC Bank. Those who opted for electronic credit, dividend would be placed to the credit of their Bank account and for those who have not opted for electronic credit, dividend warrants would be despatched within 30 days. There being no other business, the meeting concluded at 10.20 AM with a vote of thanks to the Chair. The requisite quorum was present throughout the meeting. OUTCOME OF THE AGM Sri B. Krishnamoorthi, Scrutiniser has submitted his report on the results of remote e-voting and voting through ballot paper at the AGM. The Chairperson declared the results on 31st July 2026 at 5.18 P.M.at the Registered Office of the Company at 504, Avinashi Road, Peelamedu Post, Coimbatore-641004, Tamilnadu that the following resolutions were duly passed with requisite majority at the Annual General Meeting held on 31st July 2026 and authorised Company Secretary to communicate to the Stock Exchange and disseminate on the Company's website. ORDINARY BUSINESS: Item No.1: Adoption of Annual Financial Statements for the financial year ended 2026. (Ordinary Resolution}: "RESOLVED that the Annual Financial Statements viz. statement of profit and loss, cash flow statement and Statement of changes in equity for the fi [Showing first 8,000 characters — download PDF for full document]