Key Report Summary :
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Lovable Lingerie Limited has passed a series of key decisions during a circular resolution on March 21, 2025.
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📄 Approval of the Postal Ballot Notice.
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👤 Appointment of a Scrutinizer for the upcoming Extraordinary General Meeting.
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📊 Appointment of an E-voting Agency to manage the voting process.
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🗓️ Finalization of the Calendar of Events for the Postal Ballot process.
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The decisions have been made under the regulatory framework of SEBI’s Listing Obligations and Disclosure Requirements Regulations.
Effect on Share Market:
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Neutral to minor positive impact: Corporate governance actions like setting up an EGM through postal ballot signal strong organizational processes, maintaining investor trust.
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Investors may expect stability in the company’s governance, potentially leading to steady share prices in the short term.
Company Overview:
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Lovable Lingerie Limited is a major player in the lingerie industry in India.
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It is listed on both the NSE (Symbol: LOVABLE) and BSE (Scrip Code: 533343).
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The company is known for its high-quality lingerie products with a strong focus on fashion and comfort.
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💡 Quote:
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📖 Explanation:
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