Lakshmi Mills Company CEO, MD, chairman, board of directors and AGM
NSE: LAKSHMIMILBSE: 502958Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹7,700.00.
- Next results date: the board meets on 12 Nov 2026 to consider: quarterly results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹536 Cr1,829th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 55.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 18 May 2026
- 0.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.13%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 14 Aug 2026
- 1.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- 2.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 18 May 2026
- 0.11
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 11192.8% delivered
Lakshmi Mills Company board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing director and CEOS PATHY
- Managing directorADITYA KRISHNA PATHY
- Company Secretary and Compliance OfficerN SINGARAVEL
8 directors4 independent2 executive2 non-executive
- S PATHY · Chairperson and managing director and CEOExecutive · joined Sep 1995 · reappointed Apr 2021 · 3 listed boards · 1 committee seat
- R SANTHARAMNon-executive · joined Mar 2002 · reappointed Sep 2023 · 2 listed boards · 2 committee seats, 2 as chair
- ADITYA KRISHNA PATHY · Managing directorExecutive · joined Jun 2009 · reappointed Jul 2020 · 1 listed board
- SANJAY JAYAVARTHANAVELUNon-executive · joined Jul 2010 · reappointed Sep 2024 · 3 listed boards
- ASHWIN CHANDRANIndependent · joined Sep 2024 · 24 months as independent · 3 listed boards · 2 as independent · 1 committee seat, 2 as chair
- K MURALI MOHANIndependent · joined Sep 2024 · 24 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- R VARADARAJANIndependent · joined Sep 2024 · 24 months as independent · 2 listed boards · 1 as independent · 4 committee seats
- PRIYA BHANSALIIndependent · joined Sep 2025 · 12 months as independent · 4 listed boards · 4 as independent · 1 committee seat, 3 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- SUGUNA RAVICHANDRAN, left 2 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20268 of 8 present4 independent · 87 days in between
- 18 May 20267 of 8 present3 independent
Audit Committee
Chair K MURALI MOHAN
R SANTHARAM, R VARADARAJAN, ASHWIN CHANDRAN
- 14 Aug 20263 of 4 present2 independent · 87 days in between
- 18 May 20263 of 4 present3 independent
Nomination and remuneration committee
Chair ASHWIN CHANDRAN
R VARADARAJAN, SANJAY JAYAVARTHANAVELU
- 14 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair R SANTHARAM
K MURALI MOHAN, R VARADARAJAN
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair S PATHY
ADITYA KRISHNA PATHY, ASHWIN CHANDRAN
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- SUBBACHAR & SRINIVASANPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Lakshmi Mills Company AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Lakshmi Mills Company dividend history
Annual general meeting, 25 Sep 2026
5,585 shareholders on the register on 18 Sep 2026; present: 26 promoters and 22 others; votes counted by B KRISHNAMOORTHI / B KRISHNAMOORTHI.The company's voting result (opens in a new tab)
Adopt the Audited Financial Statements including Balance Sheet as at 31st March 2026, the statement of profir and Loss (including other Comperehensive income), the Statement of Cash Flow and Changes in Equity for the year ended on that date together with the Directors Report and the Auditiors Report thereon)MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.59% · promoters 100.00% · institutions 0.00% · other public 28.01%
- To declare dividend on equity shares for the financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.59% · promoters 100.00% · institutions 0.00% · other public 28.01%
- To appoint a Director in the place of Sri. R.Santharam (DIN 00151333), who retires by rotation and being eligible, offers himself for reappointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.59% · promoters 100.00% · institutions 0.00% · other public 28.01%
- Reappointment of M/s.A.R.Ramasubramania Raja & Co., (Firm Registration No.000519), Cost Accountants, Coimbatore, as Cost Auditors of the company and to fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 74.59% · promoters 100.00% · institutions 0.00% · other public 28.01%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeTamilnadu Generation and Distribution Corporation Ltd (TANGEDCO)Since 15 Apr 2016Court Proceedings in progress
- Tax disputeR. Ramajayam and 3 OthersSince 28 Aug 2008Court Proceedings in progress
- Tax disputeCommissioner of GST and Central Excise (Appeals)Since 30 Jul 2018Appeal proceedings in progress
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.