
Business Update24 Jul 2026, 01:33 pm
LMW Ltd Board Approves MOA Amendment for New Business Areas
AI Summary
LMW Ltd's Board of Directors, in a meeting held on July 24, 2026, approved an amendment to the Object Clause of its Memorandum of Association (MOA). This expansion aims to encompass new-age industries including Pharmaceuticals & Life Sciences, Specialty Chemicals, Electric Vehicles, Renewable Energy, Electronics Manufacturing, and Robotics. The company also approved unaudited financial results for the quarter ended June 30, 2026, along with a limited review report. The proposed MOA amendment requires shareholder approval via postal ballot, for which a scrutinizer has been appointed. The financial results will be published in Business Line and Hindu-Tamil on July 25, 2026.
Key Highlights
- LMW Ltd to expand business scope into new-age industries.
- MOA amendment requires shareholder approval via postal ballot.
- Unaudited financial results for Q1 FY27 declared.
- Board meeting held on July 24, 2026.
- New sectors include Pharma, EVs, Renewables, and Robotics.
Price Impact
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