1. Laxmi Eternia B.U. permission - The company received the Building Use Certificate for Laxmi Eternia, a 915,160 sq ft commercial and residential project with 723 flats and 52 shops at Narol, Ahmedabad, on 25 May 2026. This certificate unlocks revenue recognition and unit handovers, converting a large completed project into near-term cash flows for a company with an EBITDA base of just ₹22 crore.
2. Laxmi Infraspace amalgamation - The Regional Director approved the amalgamation of wholly-owned subsidiary Laxmi Infraspace (total assets ₹21.22 crore) into LGHL on 12 August 2025, with an appointed date of 1 April 2025. The merger simplifies the group structure and brings the subsidiary's construction-project pipeline directly onto the parent's balance sheet, eliminating a layer of overhead.
3. Laxmi 101 and Laxmi Courtyard completion timeline - Two ongoing projects totalling 7 blocks (Laxmi 101: two 14-floor blocks; Laxmi Courtyard: five 9-floor blocks) are scheduled for completion in March 2028 and June 2029 respectively, with construction 18-20% complete as of March 2025. These projects extend the revenue pipeline beyond Laxmi Eternia, though bookings stood at just 12% for Courtyard and nil for Laxmi 101 at that date.
4. Unsold inventory of ₹61 crore - The company held moderate unsold inventory from previous projects worth approximately ₹61 crore as of March 2025. Selling down this ready stock would generate incremental revenue without fresh construction spend, directly lifting near-term cash flow.
5. Gold business bank limit headroom - Bank limit utilisation in the gold business ran at around 90% for the twelve months to March 2025. The residual 10% limit offers a small, immediately available lever to fund additional gold inventory and capture trading turnover if demand picks up.