Lyka Labs AGM 2026: dates, e-voting, ₹75cr RPT details

AGM scheduled for 10 August 2026

Lyka Labs Limited has scheduled its 47th Annual General Meeting (AGM) for Monday, 10 August 2026. The meeting will start at 12:30 PM (IST) and will be held through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The company’s disclosures indicate shareholders will be able to participate remotely without being physically present at a common venue. The deemed venue for statutory purposes is the company’s registered office at 4801/B & 4802/A, GIDC Industrial Estate, Ankleshwar, Gujarat 393 002.

The AGM is an important calendar event because it includes adoption of financial statements for the year ended 31 March 2026 and resolutions that need shareholder approval. The notice also sets out the voting mechanism and the record date that determines eligibility to vote. Separately, the company has highlighted a proposal for related party transactions with IPCA Laboratories Limited, its promoter and a related party, up to a specified annual limit.

How shareholders can attend the VC meeting

Members can join the VC/OAVM facility 30 minutes before and up to 15 minutes after the scheduled start time. The participation window is designed to handle online attendance while keeping the meeting on schedule. The VC/OAVM facility will be available on a first-come, first-served basis for at least 1,000 members, as disclosed in the meeting details.

Lyka Labs has also provided a channel for shareholder queries ahead of the meeting. Members can submit questions in advance via email at companysecretary@lykalabs.com. The AGM information is stated to be accessible on the company’s official website as well.

Key dates: record date and book closure

The notice specifies Monday, 3 August 2026 as the record date. This record date is used to determine shareholders eligible to vote, with voting rights proportional to shareholding as of that date. The company has also announced closure of the register of members from Tuesday, 4 August 2026 to Monday, 10 August 2026 (both days inclusive).

These dates matter for investors tracking eligibility for voting and for administrative cut-offs linked to the AGM process. For shareholders, missing the record date typically means losing voting eligibility for the resolutions placed at the meeting.

Remote e-voting window and service provider

Lyka Labs has provided both remote e-voting and e-voting during the AGM. Remote e-voting begins on Thursday, 6 August 2026 at 9:00 AM and ends on Sunday, 9 August 2026 at 5:00 PM. The e-voting service provider is National Securities Depository Limited (NSDL), as per the AGM notice.

The notice also states that members who have already voted via remote e-voting cannot vote again at the AGM. This is a standard procedural safeguard to prevent duplicate voting. The company has additionally stated that related parties shall abstain from voting on Item No. 5, which covers the related party transactions with IPCA.

Ordinary business: financial statements and director appointment

Under ordinary business, shareholders will be asked to adopt the audited standalone financial statements and audited consolidated financial statements for the financial year ended 31 March 2026. This item also covers adoption of the reports of the Board of Directors and the auditors.

The second ordinary business item is the appointment of a director in place of Mr. Shashil Philip Mendonsa (DIN: 09667654), who retires by rotation and offers himself for re-appointment. Director retirement by rotation and re-appointment is a common governance process under Indian company law.

Special business: cost auditor remuneration for FY26 and FY27

The AGM agenda includes ratification of cost auditor remuneration for FY 2025-26 and FY 2026-27. For each year, the remuneration proposed is ₹1,60,000 plus taxes and out-of-pocket expenses, payable to Messrs Nidhi Subhash Tibrewala & Co. (Firm Registration No: 005417).

In crore terms, the stated remuneration is ₹0.016 crore (plus taxes and expenses) for each of FY26 and FY27. The firm was appointed in a casual vacancy after the resignation of the previous cost auditor, Messrs Rajaram Madhav Walavalakar & Co., according to the notice.

Related party transactions: ₹75 crore limit with IPCA Laboratories

A key special business item is shareholder approval for material related party transactions with IPCA Laboratories Limited for FY 2026-27. Lyka Labs is seeking approval to enter into transactions with IPCA for an aggregate value not exceeding ₹75 crore.

The company has indicated that IPCA is a promoter and related party. The notice also specifies an abstention requirement: related parties are to abstain from voting on this item. The proposal is being placed before shareholders at the 10 August 2026 AGM for approval of the annual transaction limit.

Disclosures to exchanges and shareholder communication

Lyka Labs has informed stock exchanges about the AGM notice and related disclosures. The company’s filings also refer to newspaper advertisements published in Financial Express and Loksatta-Jansatta to inform shareholders. In a separate exchange update, it was noted that Lyka Labs informed the exchange regarding the notice of the AGM to be held on 10 August 2026.

These steps are part of the company’s compliance workflow around shareholder meetings, including dissemination of meeting details and voting processes. The availability of AGM-related information on the company website is also mentioned.

Other corporate updates referenced alongside the AGM

Alongside the AGM-related communication, the article text references a board decision that fixed 4 June 2026 as the record date to determine shareholders eligible to receive equity shares pursuant to a scheme of amalgamation with Lyka Exports Limited. Under that scheme, shareholders would receive 23 fully paid-up equity shares of ₹10 each for every 100 shares held.

The text also mentions a board meeting scheduled on 25 May 2026 to consider and approve audited standalone and consolidated financial results for the quarter and year ended 31 March 2026. Additionally, it states the board approved recognition of an impairment loss of ₹2,301.44 lakh, which is ₹23.0144 crore, on its investment and loans to subsidiary Lyka BDR International Limited due to continuous operational losses and eroding net worth.

Stock movement during the update

Lyka Labs shares were reported at ₹69.7 as of 10:54 AM on the day of the market update, up 0.49% in live trading. The same update reported total traded volume of 5,419 shares. Another line in the provided text showed Lyka Labs at ₹69.36, while a separate mention stated the current price was ₹74.83, without a time stamp.

Because these prices appear as different snapshots, investors typically track the latest exchange quote and time attached to the price. What remains consistent in the disclosure is the AGM schedule and the resolutions that require shareholder votes.

Key facts table

Why the AGM agenda matters for shareholders

The AGM’s ordinary business items determine approval of audited financial statements and board and auditor reports for FY26. These items are routine but important for governance and disclosure, because they confirm shareholder acceptance of reported results and statutory reporting.

The special business items carry more direct transactional implications. Ratifying the cost auditor remuneration formalises the appointment terms for the cost audit. More significantly, the proposed ₹75 crore related party transaction limit with IPCA Laboratories sets the maximum aggregate value permitted for FY27, subject to shareholder approval, and the notice includes safeguards such as abstention by related parties.

What to watch next

The next key event on the calendar is the remote e-voting window between 6 August and 9 August 2026, followed by the AGM on 10 August 2026. The shareholder vote outcome will decide whether the company gets approval for the related party transaction limit with IPCA Laboratories for FY 2026-27 and for the other resolutions listed in the notice.