Laxmipati Engineering Works logo

Laxmipati Engineering Works MD, chairman, board of directors and AGM

BSE: 537669Industrial ManufacturingSmall Cap

Last close ₹363.00down ₹34.80 (8.75%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹397.80.

52-week range of traded prices to 23 Oct 2026
₹209.00Low, 16 Feb 2026₹585.00High, 2 Jul 2026
Market cap
₹209 Cr2,526th largest listed
P/E
7.7
P/B
5.9
Dividend yield
Nonein the last 12 months
ROE
122.4%
Debt to equity
0.47
Volume, BSE
500

Laxmipati Engineering Works board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • ChairpersonSanjaykumar Govindprasad SarawagiRelated to the promoter

6 directors3 independent3 executive

  • Sanjaykumar Govindprasad Sarawagi · ChairpersonExecutive · joined Feb 2012 · 176 months as independent · 1 listed board
  • Manoj Govindprasad SarawagiExecutive · joined Feb 2012 · 176 months as independent · 1 listed board
  • Rakesh Govindprasad SarawagiExecutive · joined Feb 2012 · 176 months as independent · 1 listed board · 1 committee seat
  • Sheetal Ashok TayalIndependent · joined Jul 2022 · 50 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Ashok Keshavdev VarshneyIndependent · joined Jan 2025 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Amitkumar Vijaykumarji KhemaniIndependent · joined Jun 2025 · 16 months as independent · 2 listed boards · 1 as independent · 3 committee seats

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.

2 directors who left
  • Pratibha Pankaj Gulgulia, left 23 Jul 2025: Tenure Completion
  • Krishna Papaiah Mekala, left 18 Mar 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 26 Aug 20266 of 6 present3 independent · 13 days in between
    • 12 Aug 20266 of 6 present3 independent · 53 days in between
    • 19 Jun 20266 of 6 present3 independent · 23 days in between
    • 26 May 20266 of 6 present3 independent · 53 days in between
    1 earlier meeting
    • 2 Apr 20266 of 6 present3 independent
  • Audit Committee

    Chair Ashok Keshavdev Varshney

    Rakesh Govindprasad Sarawagi, Amitkumar Vijaykumarji Khemani

    • 12 Aug 20263 of 3 present2 independent · 53 days in between
    • 19 Jun 20263 of 3 present2 independent · 23 days in between
    • 26 May 20263 of 3 present2 independent · 53 days in between
    • 2 Apr 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Sheetal Ashok Tayal

    Amitkumar Vijaykumarji Khemani, Ashok Keshavdev Varshney

    • 19 Jun 20263 of 3 present3 independent
  • Stakeholders Relationship Committee

    Chair Sheetal Ashok Tayal

    Amitkumar Vijaykumarji Khemani, Ashok Keshavdev Varshney

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Sanjaykumar Govindprasad Sarawagi

    Rakesh Govindprasad Sarawagi, Ashok Keshavdev Varshney

    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.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeOffice of the Deputy Commissioner of State Tax, Enforcement-2, Vapi, Division-8, SuratSince 9 Jul 2026
    The Company has submitted the appeal against the penalty paid. Awaiting response/hearing from the Appellate Authority
    At the filing before: Detention of goods and conveyance under Section 129 of the CGST/GGST Act, 2017 for an E-Way Bill discrepancy, followed by issuance of demand order imposing an IGST penalty of Rs. 3,03,021. The Company has submitted the appeal against the penalty paid. Awaiting response/hearing from the Appellate AuthorityMoreLess

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

At most 1 complaint open, quarter to Mar 2025.
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
No
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.