Laxmi Goldorna House Approves 7-for-5 Bonus Share Issue and Other Key Board Decisions
Laxmi Goldorna House Limited (LGHL), a company with interests spread across jewellery, precious metals, and real estate, has announced several significant decisions following its Board meeting on September 4, 2025.
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By finchetak.com September 5, 2025
Laxmi Goldorna House Limited (LGHL), a company with interests spread across jewellery, precious metals, and real estate, has caught the market’s attention after its latest Board meeting on September 4, 2025. The Board approved multiple key decisions, including a generous bonus share issue, a move that often sparks curiosity among investors.
LGHL operates in two primary sectors:
Jewellery & Precious Metals: The company is involved in processing, wholesale, and retail trading of gold jewellery and ornaments.
Real Estate: LGHL also takes part in construction and development of both commercial and residential projects.
This dual-sector presence makes it unique compared to companies solely focused on jewellery or real estate.
At its meeting, the Board approved the following:
Approval of Directors’ Report & Secretarial Audit for FY 2024-25.
Appointment of Secretarial Auditor for a term of 5 years (till March 2030).
Increase in Authorised Share Capital from ₹45.01 crore to ₹51 crore, subject to AGM approval.
Issuance of Bonus Shares in a striking ratio of 7 new equity shares for every 5 existing shares held.
Record Date for the bonus issue fixed as October 10, 2025.
AGM Details: The company’s 16th Annual General Meeting will be held on September 30, 2025, via video conferencing.
With operations in both jewellery and real estate, LGHL is positioned in two sectors that have seen significant volatility in recent years. While the bonus issue may attract short-term market buzz, investors will likely watch how the company manages growth and profitability across its dual segments in the coming quarters.
