Laxmi Dental CEO, MD, chairman, board of directors and AGM

Mutual fund votes, meeting of 25 Sep 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

• 1 - Adoption of Audited Standalone Financial Statements of the Company for the financial year ended 31 March, 2026, including the Audited Balance Sheet as on that date, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date together with the Reports of the Board of Directors and Auditors thereon.MoreLess

  3 for0 against
• 2 - Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended 31 March, 2026, including the Audited Balance Sheet as on that date, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date together with the Report of the Auditors thereon.MoreLess

  3 for0 against
• 3 - Re-appointment of Mr. Rajesh Vrajlal Khakhar (DIN: 00679903), Whole-time Director, as a Director liable to retire by rotation and, being eligible, offers himself for re-appointment.

  3 for0 against
• 4 - Approval for variation in the objects/terms of utilization of the Initial Public Offering (“IPO”) proceeds and extension of the timeline for utilization of IPO Proceeds.

  3 for0 against

Mutual fund votes, meeting of 29 Sep 2025, 13 fund houses

• Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2025, including the Audited Balance Sheet as on that date, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date together with the Reports of the Board of Directors and Auditors thereon.MoreLess

  13 for0 against
• Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2025, including the Audited Balance Sheet as on that date, the Statement of Profit and Loss and Cash Flow Statement for the financial year ended on that date together with the Report of the Auditors thereon.MoreLess

  13 for0 against
• Re-Appointment of Mr. Sameer Kamlesh Merchant (DIN: 00679893), Managing Director, as a director liable to retire by rotation and, being eligible, offers himself for re-appointment.

  13 for0 against
• Re-appointment of M/s. M. Jawadwala & Co, Practicing Company Secretaries as Secretarial Auditors of the Company for a period of up-to five (5) consecutive years and to fix the remuneration thereof.

  13 for0 against
• Appointment of Dr Anil Arora (DIN: 03469947) as Non-Executive, Non-Independent Director.

  13 for0 against
• Amendments to the existing Laxmi Dental Stock Option Scheme 2024 (“ESOP Scheme”), for amendment of Authority and Ceiling Clause of the Scheme.

  ›Against Aditya Birla Sun Life Mutual Fund, Bandhan Mutual Fund, Bank of India Mutual Fund, HDFC Mutual Fund, Kotak Mahindra Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, UTI Mutual Fund

  • Aditya Birla Sun Life Mutual Fund, Bank of India Mutual Fund, UTI Mutual FundThe company proposes to amend the ESOP scheme to remove the limit of 50,000 options to an employee in aggregate. Annual cap of 50,000 options per employee per annum will continue. This will allow for a greater skew in the distribution of grants. Therefore, we do not support the amendment. Further, we do not support the ESOP 2024 scheme, as options can be granted to employees at a price as decided by the board and can be as low as the face of the shares – stock options are ‘pay at risk’ options that employees accept at the time of grant. In the case of deeply discounted options, there is no alignment between the interests of investors and those of employees. We do not support the resolution.
  • Bandhan Mutual Fund, Motilal Oswal Mutual FundAlthough no concern has been identified in the proposed variation in the scheme. However, Compliance Concern identified under the original ESOP Scheme to which variation is proposed.
  • HDFC Mutual FundThe company proposes to amend the ESOP scheme to remove the limit of 50,000 options to an employee in aggregate. Annual cap of 50,000 options per employee per annum will continue. This will allow for a greater skew in the distribution of grants. Further, the options are granted at a deep discount to market price. We do not support the resolution.
  • Kotak Mahindra Mutual FundThis amendment in existing ESOP scheme would allow an employee to receive more than 50,000 options in aggregate, with restriction of maximum of 50,000 during a year. As company has not put upper limit for the options for an individual employee, This will allow for a greater skew in the distribution of grants. Considering this governance concern, we do not favour the resolution.
  • LIC Mutual FundCompliance Concern identified under the original ESOP Scheme to which variation is proposed.
  • Mirae Asset Mutual FundESOP at steep discount to market price do not align with shareholder interest

  4 for9 against

• Fine or penaltyNational Stock Exchange of India LimitedSince 5 May 2026

  Decision letter of NSE Waiver Committee

  After considering the Company’s submissions, the Committee, not being satisfied with the response, rejected the request for waiver of the fine and directed the Company to remit ₹2,18,300/- (including GST) on or before May 15, 2026.MoreLess
• Tax disputeGST - Tax OfficerSince 18 Oct 2025
  No change in status from last disclosure
  At the filing before: same as last quarter
• Tax disputeDepartment of Goods & Services TaxSince 30 Dec 2024
  No change in status from last disclosure
  At the filing before: same as last quarter
• Tax disputeAssessment Unit Income Tax DepartmentSince 21 Mar 2025
  As per the order of Assistant Commissioner of Income tax dated 17-04-2026 it has been determined that a sum of Rs. 0/- for the Assessment year 2019-20 is payable to the Company
  At the filing before: same as last quarter
• Tax disputeDepartment of Goods & Services TaxSince 26 Feb 2026
  same as last quarter
  At the filing before: We have received Notice to conduct the audit but there is no liability or Demand is determined/quantified. Audit will be conducted in/after the month June 2026 as extention is requested.

In the company's own words, from its latest governance filing.

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

Yes

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.