Landsmill Green Limited

Annual Returns

asof: 2026-09-19

Promoter group reclassification requires external approvals. The Board approved moving Ranjana Khurana, Arpit Khurana, and Isha from “Promoter/Promoter Group Shareholder” to “Public Shareholder” under Regulation 31A of the SEBI (LODR) Regulations, 2015. This is subject to approval from the Stock Exchanges and the company’s shareholders, meaning completion is not assured and depends on regulatory and shareholder consent.
Reduced promoter involvement. The outgoing promoters hold an aggregate 4.58% as of September 7, 2026. Their exit from the promoter group changes the ownership structure and reduces promoter-held stake.
Business scope rationalisation. A special business item at the 24th AGM proposes deleting Main Objects related to FMCG (Sub Clauses 6 to 12 of Clause A) from the Memorandum of Association because they are no longer relevant to the company’s present and proposed business activities. This indicates a narrowing of the stated business scope.

Simplified shareholding structure. The reclassification, if approved, would move the named individuals into the public category, potentially broadening the public shareholder base.
Focused business direction. Removing non-relevant FMCG objects from the Memorandum of Association aligns the company’s charter with its present and proposed activities.
Continued compliance and governance actions. The company submitted applications to BSE Limited and the National Stock Exchange of India Limited on 12th September 2026 seeking No-Objection for the reclassification, indicating active pursuit of the process.

Approval risk. The reclassification is subject to Stock Exchange and shareholder approval; any delay or rejection would leave the promoter group structure unchanged.
Execution risk on charter amendment. The deletion of FMCG-related Main Objects requires shareholder approval at the AGM; if not passed, the Memorandum of Association remains unchanged.
Ownership transition risk. The movement of 4.58% held by outgoing promoters into the public category may affect the promoter group’s aggregate holding and influence.

Management stated that the application to the Stock Exchanges and other steps regarding the reclassification will be undertaken by the company in due course in compliance with the SEBI LODR Regulations. Observed action: applications were submitted to BSE and NSE on 12th September 2026, consistent with that stated intent.
Management proposed the AGM for September 29, 2026, with remote e-voting from September 26 to September 28, 2026, and a cut-off date of September 22, 2026. The special business item on deleting FMCG-related Main Objects is placed before shareholders, with the outcome dependent on the AGM vote.
No financial performance figures or forward financial guidance are provided in the supplied material, so guidance versus observed financial performance cannot be assessed.