StockWatch
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Industrial Products
Acquisitions25 Jun 2026, 08:40 pm

LMW Ltd Completes Acquisition of Additional Shares in Wholly Owned Subsidiary

AI Summary

LMW Ltd has announced the completion of its acquisition of additional shares in its wholly owned subsidiary, LMW Holding Limited, located in the United Arab Emirates. This transaction, disclosed under Regulation 30 of SEBI(LODR) Regulations, 2015, reaffirms the company's continued 100% ownership of LMW Holding Limited. The disclosure follows an earlier announcement made on 20th May 2026 regarding the intent to acquire these shares. The completion of this transaction is a significant step in consolidating the company's control over its foreign subsidiary.

Key Highlights

  • Acquisition of additional shares in wholly owned subsidiary LMW Holding Limited completed.
  • Company maintains 100% ownership of LMW Holding Limited post-transaction.
  • Disclosure made as per SEBI (LODR) Regulations, 2015, Regulation 30.
  • Transaction confirms continued strategic control over UAE-based subsidiary.