Kovlpatti Lakshmi Roller Flour Mills Approves Land Purchase for ₹2.25 Cr

Kovlpatti Lakshmi Roller Flour Mills Ltd's Board of Directors has approved the purchase of 2 acres of vacant land in Puducherry for commercial purposes. The transaction, valued at a maximum of ₹2.25 Crores, is with an unrelated third-party seller and is expected to be completed by June 30, 2027. The company also approved in-principle capital expenditure of approximately ₹7.40 Crores for upgrading equipment at its Engineering division in Coimbatore, aiming to improve operational efficiency and reduce costs, with an expected completion timeline of June 30, 2027. Additionally, the Board reviewed and approved the unaudited financial results for the quarter and six months ended September 30, 2026, which showed an unmodified audit opinion.