Lakshmi Finance & Industrial Corporation logo

Lakshmi Finance & Industrial Corporation MD, chairman, board of directors and AGM

NSE: LFICFinanceSmall Cap

Last close ₹117.97down ₹0.66 (0.56%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹118.63.

52-week range of traded prices to 23 Oct 2026
₹111.00Low, 30 Mar 2026₹224.85High, 29 Oct 2025
Market cap
₹35 Cr3,582nd largest listed
P/E
Earlier quarters restated in the year
P/B
0.6
Dividend yield
2.12%
ROCE
2.0%
Debt to equity
0.00
Volume, NSE
20744.9% delivered

Lakshmi Finance & Industrial Corporation 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

  • ChairpersonD NAGESWARA RAO
  • Managing directorK HARISHCHANDRA PRASAD

6 directors4 independent1 executive1 non-executive

  • D NAGESWARA RAO · ChairpersonIndependent · joined Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • K HARISHCHANDRA PRASAD · Managing directorExecutive · joined May 1985 · reappointed Apr 2026 · 3 listed boards · 1 as independent · 3 committee seats
  • K KAPIL PRASADNon-executive · joined Feb 2014 · 1 listed board · 1 committee seat
  • S SURYANARAYANAIndependent · joined May 2024 · 25 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 3 as chair
  • B SHANTI SREEIndependent · joined Nov 2024 · 22 months as independent · 5 listed boards · 5 as independent · 4 committee seats, 1 as chair
  • CH RAMA PRASADIndependent · joined Aug 2025 · 12 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 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
  • MADHURIKA NALURI VENKAT, left 28 Aug 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 12 Aug 20266 of 6 present4 independent · 75 days in between
    • 28 May 20266 of 6 present4 independent

  • Audit Committee

    Chair S SURYANARAYANA

    D NAGESWARA RAO, K KAPIL PRASAD, B SHANTI SREE, CH RAMA PRASAD

    • 12 Aug 20265 of 5 present4 independent · 75 days in between
    • 28 May 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair D NAGESWARA RAO

    S SURYANARAYANA, CH RAMA PRASAD

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair CH RAMA PRASAD

    S SURYANARAYANA, K HARISHCHANDRA PRASAD

    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 Mar 2026.

  • BRAHMAYYA & COPeer-review certificate valid to Feb 2028

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 Finance & Industrial Corporation 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 Finance & Industrial Corporation dividend history

Annual general meeting, 29 Sep 2026

5,426 shareholders on the register on 22 Sep 2026; present: 13 promoters and 39 others; votes counted by N.MADHAVI / N.Madhavi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial statements of the company for the financial year ended 31st March 2026 and and the reports of the Board of Directors and Auditors thereon
    Ordinary
    96.04% for3.96% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.20%

    Turnout: all 27.17% · promoters 48.72% · institutions 0.00% · other public 8.06%

  2. Declaration of dividend for the financial year 2025-26
    Ordinary
    96.04% for3.96% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.20%

    Turnout: all 27.17% · promoters 48.72% · institutions 0.00% · other public 8.06%

  3. Re-appointment of Shri K.Kapil Prasad retiring by rotation as Director
    OrdinaryPromoters have an interest in it
    96.04% for3.96% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.20%

    Turnout: all 27.17% · promoters 48.72% · institutions 0.00% · other public 8.06%

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.

Annual general meeting, 27 Sep 2025, 6 resolutions

5,802 shareholders on the register on 19 Sep 2025; present: 14 promoters and 37 others; votes counted by N.Madhavi / M/s. N.Madhavi & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial statements together with the report of the Auditors and Directors thereon for the financial year ended 31st March 2025
    Ordinary
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.94%

    Turnout: all 26.70% · promoters 48.75% · institutions 0.00% · other public 7.15%

  2. Declaration of dividend for the financial year ended 31st March, 2025
    Ordinary
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.94%

    Turnout: all 26.70% · promoters 48.75% · institutions 0.00% · other public 7.15%

  3. Re-appointment of Shri K.Kapil Prasad, who retires by rotation as Director
    OrdinaryPromoters have an interest in it
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.94%

    Turnout: all 26.70% · promoters 48.75% · institutions 0.00% · other public 7.15%

  4. Appointment of Shri Chalasani Rama Prasad as Independent Director
    Special
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.94%

    Turnout: all 26.70% · promoters 48.75% · institutions 0.00% · other public 7.15%

  5. Re-appointment of Shri K.Harishchandra Prasad as Managing Director
    SpecialPromoters have an interest in it
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.94%

    Turnout: all 26.70% · promoters 48.75% · institutions 0.00% · other public 7.15%

  6. Appointment of Secretarial Auditors of the company
    Ordinary
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 26.94%

    Turnout: all 26.70% · promoters 48.75% · institutions 0.00% · other public 7.15%

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.

Postal ballot, 19 Jan 2025, 1 resolution

5,763 shareholders on the register on 13 Dec 2024; votes counted by N MADHAVI / N MADAVI AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF SMT .BOLLENI SHANTI SREE DIN:07092258 AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    95.58% for4.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.38%

    Turnout: all 23.10% · promoters 41.21% · institutions 0.00% · other public 7.03%

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.

Annual general meeting, 22 Aug 2024, 5 resolutions

Present: 8 promoters and 54 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED STATEMENT OF ACCOUNTS FOR F Y 2023-24
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 22.46% · promoters 47.79% · institutions 0.00% · other public 0.00%

  2. DECLARATION OF DIVIDEND
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 22.46% · promoters 47.79% · institutions 0.00% · other public 0.00%

  3. REAPPOINTMENT OF SRI. K PAIL PRASAD AS DIRECTOR
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 22.46% · promoters 47.79% · institutions 0.00% · other public 0.00%

  4. APPOINTMENT OF SRI. S SURYANARAYANA AS AN INDEPENDENT DIRECTOR
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 22.46% · promoters 47.79% · institutions 0.00% · other public 0.00%

  5. APPOINTMENT OF Dr. DUKKIPATI NAGESWARA RAO AS AN INDEPENDEDNT DIRECTOR.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 22.46% · promoters 47.79% · institutions 0.00% · other public 0.00%

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.

Annual general meeting, 9 Aug 2023, 4 resolutions

Present: 10 promoters and 45 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited statement of Accounts for FY 2022-23
    Ordinary
    95.87% for4.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 56.83%

    Turnout: all 24.70% · promoters 48.73% · institutions 0.00% · other public 3.39%

  2. Declaration of Dividend
    Ordinary
    95.87% for4.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 56.82%

    Turnout: all 24.70% · promoters 48.73% · institutions 0.00% · other public 3.39%

  3. Reappointment of Sri. K. Kapil Prasad as Director
    OrdinaryPromoters have an interest in it
    95.36% for4.64% against

    Against: promoters 0.00% · institutions 0.00% · other public 56.83%

    Turnout: all 22.00% · promoters 42.98% · institutions 0.00% · other public 3.39%

  4. Reappointment of Sri K. Harishchandra Prasad as MD
    OrdinaryPromoters have an interest in it
    95.30% for4.70% against

    Against: promoters 0.00% · institutions 0.00% · other public 56.83%

    Turnout: all 21.70% · promoters 42.34% · institutions 0.00% · other public 3.39%

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.

Annual general meeting, 28 Sep 2022, 5 resolutions

Present: 1 promoter and 17 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF AUDITED STATEMENT OF ACCOUNTS FOR F Y 2021-22
    OrdinaryPromoters have an interest in it
    85.50% for14.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 50.99%

    Turnout: all 7.06% · promoters 10.75% · institutions 0.00% · other public 3.79%

  2. DECLARATION OF DIVIDEND
    OrdinaryPromoters have an interest in it
    85.28% for14.72% against

    Against: promoters 0.00% · institutions 0.00% · other public 51.76%

    Turnout: all 7.06% · promoters 10.75% · institutions 0.00% · other public 3.79%

  3. REAPPOINTMENT OF SRI K KAPIL PRASAD AS DIRECTOR
    OrdinaryPromoters have an interest in it
    85.28% for14.72% against

    Against: promoters 0.00% · institutions 0.00% · other public 51.76%

    Turnout: all 7.06% · promoters 10.75% · institutions 0.00% · other public 3.79%

  4. APPOINTMENT OF STATUTORY AUDITORS
    OrdinaryPromoters have an interest in it
    85.50% for14.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 50.99%

    Turnout: all 7.06% · promoters 10.75% · institutions 0.00% · other public 3.79%

  5. CONTINUATION OF CURRENT TERM OF SRI K HARISHCHANDRA PRASAD AS MD
    SpecialPromoters have an interest in it
    85.50% for14.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 50.99%

    Turnout: all 7.06% · promoters 10.75% · institutions 0.00% · other public 3.79%

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.

Annual general meeting, 26 Aug 2021, 3 resolutions

Present: 0 promoters and 24 others.The company's voting result (opens in a new tab)

  1. adoption of audited statement for f y 2020-21
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.83%

    Turnout: all 12.91% · promoters 26.55% · institutions 0.00% · other public 0.82%

  2. declaration of dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 12.91% · promoters 26.55% · institutions 0.00% · other public 0.82%

  3. reappointment of Sri.K KAPIL PRASAD
    OrdinaryPromoters have an interest in it
    96.48% for3.52% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.52%

    Turnout: all 0.44% · promoters 0.00% · institutions 0.00% · other public 0.82%

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.

Annual general meeting, 29 Aug 2020, 5 resolutions

Present: 27 promoters and 3,110 others.The company's voting result (opens in a new tab)

  1. AUDITED FINANCIL STATEMENTS OF THE COMPANY FOR THE F Y 31.03.2020 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON.
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 1.06% · other public 0.00%

    Turnout: all 26.86% · promoters 54.07% · institutions 2.74% · other public 0.00%

  2. TO CONFIRM DIVIDEND OF Rs.2.00PS AS FINAL DIVIDEND FOR THE F Y 2019-20
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 1.06% · other public 0.00%

    Turnout: all 26.86% · promoters 54.07% · institutions 2.74% · other public 0.00%

  3. APPOINT A DIRECTOR IN THE PLACE OF SRI.K.KAIL PRASA WHO RETIRES BY ROTATIONS AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINMENT.
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 1.06% · other public 0.00%

    Turnout: all 26.86% · promoters 54.07% · institutions 2.74% · other public 0.00%

  4. RE-APPOINTMENT OF SMT.MADHURIKA NALLURI VENKAT(DIN:07147974) AS INDEPENDENT DIRECTOR OF THE COMPANY FOR ANOTHER TERM OF 5 CONSECUTIVE YEARS 2ND TERM I.E UPTO THE CONCLUSION OF THE 101ST AGM OF THE COMPANY TO BE HELD YEAR 2025.MoreLess
    SpecialPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 1.06% · other public 0.00%

    Turnout: all 26.86% · promoters 54.07% · institutions 2.74% · other public 0.00%

  5. RE-APPOINTMENT OF SRI. K HARISHCHANDRA PRASAD (DIN:00012564) AS MANAGING DIRECTOR OF THE COMPANY W.E.F.01.04.2020 TO 31.03.2023.
    SpecialPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 1.06% · other public 0.00%

    Turnout: all 26.86% · promoters 54.07% · institutions 2.74% · other public 0.00%

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.

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

None open at any 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
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.