
Board Meeting21 Oct 2026, 02:41 pm
LMW Ltd Board Approves Capacity Addition & Unaudited Results
AI Summary
LMW Ltd's Board of Directors, in a meeting held on October 21, 2026, approved the establishment of a new unit, 'Machine Tool Division - Unit III', as part of its production capacity expansion. The board also approved the unaudited financial results (standalone and consolidated) for the quarter and period ended September 30, 2026. Additionally, Sri Arun Alagappan retired as Non-Executive Independent Director upon completing his second term. The financial results will be published in Business Line and Hindu-Tamil on October 22, 2026.
Key Highlights
- Board approved capacity expansion with a new unit 'Machine Tool Division - Unit III'.
- Unaudited financial results for Q2 FY27 approved.
- Independent Director Sri Arun Alagappan retired.
- New unit to be located in Coimbatore District.
- Financial results to be published in newspapers on Oct 22, 2026.
Price Impact
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