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Lakshmi Automatic Loom Works Ltd. - Outcome of Board Meeting

| Updated on May 23, 2019 Published on May 23, 2019

As per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we furnish below the following information :

- No Dividend on the Equity Shares for the year ended 31-03-2019 has been recommended by the Directors due to carried over previous years losses. The Preference Shareholder has given consent in writing for waiver of dividend upto the date of conversion.

- The profit before exceptional items is Rs.178.03 lakhs against Rs.236.09 lakhs in the I previous year. The net profit of Rs.127.80 lakhs for the year is after provision for 1 current taxation (Rs.44.17 lakhs) and deferred tax (Rs.8.79 lakhs). I

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Source : BSE - www.bseindia.com

Published on May 23, 2019
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