Lactose India Ltd Board Approves Director Remunerations, Renews Auditors, and Appoints New Cost Auditor

Lactose India Ltd Board Approves Director Remunerations, Renews Auditors, and Appoints New Cost Auditor​

Lactose India Ltd held a Board Meeting on August 25, 2026, which saw the approval of several critical operational and financial decisions, including director remuneration, various audit reports, and the appointment of key auditors for the upcoming financial year.

During the meeting, the Board considered and approved the Director's Report for the financial year 2025-2026. The company also approved the draft notice convening the 35th Annual General Meeting, which will be conducted through electronic mode.

Several essential reports for the financial year 2025-2026 were approved by the Board, including the Secretarial Audit Report, the Internal Audit Report, and the Cost Audit Report. Furthermore, the Board approved the Internal Audit Report for the First Quarter ended as on June 30, 2026.

Director and Operational Approvals​

The Board meeting addressed several personnel and transactional matters. The remunerations of Mr. Atul Maheshwari, Managing Director, and Mrs. Sangita Maheshwari, Whole Time Director, were approved. Additionally, the Board approved the Related Party Transactions.

Key Appointments and Auditing Changes​

A significant outcome of the meeting was the appointment of various professionals and auditors for the Financial Year 2026-2027.

M/s. AMS & Co. Chartered Accountants was re-appointed as the internal auditors for the company for the Financial Year 2026-2027. AMS & Co., established in 2010, is described as a Peer Reviewed Firm and is Empaneled with the Reserve Bank of India.

The company also approved the noting of the resignation of M/s. Kirit Mehta & Co., Cost Accountants.

For the Financial Year 2026-2027, the Board approved the appointment of Alpesh A. Lakeshri as Cost Auditor. Mr. Lakeshri, who qualified as a CMA in June 2022, previously spent nearly four and a half years with Kirit Mehta & Co. and has prepared cost records for multiple companies, including Alivira Healthcare Private Limited, Gangwal Healthcare Private Limited, Innovation Imaging Technologies Private Limited, and Piramal Pharma Limited.

Other key appointments made during the meeting included:

• M/s. Jajodia & Associates, Practising Company Secretary, was appointed as a Scrutinizer for the upcoming Annual General Meeting (AGM).
• Bigshare Services Private Limited was appointed to provide the E-voting facility for the AGM.

The Board Meeting of Directors of Lactose India Ltd commenced at 04:00 A.M. and concluded at 05:00 P.M. on August 25, 2026.

Stock Price Movement​

Lactose India Ltd. settled at ₹100.05 on Tuesday, gaining 1.11% in the market close. The shares maintained movement within their intraday range, finding support between ₹97.05 and a high of ₹102.00.