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Incorporated in 2010, Laxmi Goldorna House Ltd is in the business of real estate development and manufacture & sale of jewelries
Laxmi Goldorna House secured the Building Use Certificate for its Laxmi Eternia project in Ahmedabad. This commercial and residential development (723 flats, 52 shops) is now cleared for completion, enabling revenue recognition and handover.
LGHL's former CFO embezzled funds (approx. ₹0.85-0.90 Cr) over the last year. The company is filing a complaint and implementing enhanced safeguards and checks to prevent future incidents.
Laxmi Goldorna House submitted its financial results for the quarter and nine months. Quarterly revenue from operations was 2,417.72, with profit at 309.77. EPS reached 0.62. The company operates in Gold & Jewellery and Real Estate segments.
LGHL appoints MJV & CO. as Internal Auditor for FY26. Board approved borrowing from promoters, Jayeshkumar Shah & Rupalben Shah, via related party transactions, pending shareholder approval. Mr. Dhaval Parekh (CS) also appointed as CFO.
Laxmi Goldorna House Limited (LGHL) has successfully completed a significant related party transaction, acquiring 5099 Sq. Meters of land in Ahmedabad. The company purchased the land from its Managing Director, Mr. Jayeshkumar Chinulal Shah, for ₹11 crore. An additional ₹0.96 crore was reimbursed for expenses paid by the MD. This...