Board Meeting10 Aug 2026, 12:28 pm
Lyka Labs Approves Q1 FY27 Results and Divestment of Subsidiary
AI Summary
Lyka Labs Ltd announced that its Board of Directors, in a meeting held on August 10, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. The company also approved the divestment of its entire 100% equity stake in its subsidiary, Lyka BDR International Limited. Lyka BDR International Limited is confirmed not to be a material subsidiary. The limited review report on the financial results and further disclosures regarding the divestment are attached. The board meeting commenced at 11:00 AM and concluded at 12:20 PM.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Approved divestment of 100% stake in Lyka BDR International Limited.
- Lyka BDR International Limited is not a material subsidiary.
- Financial results include standalone and consolidated statements.
- Board meeting held on August 10, 2026.
Price Impact
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