Lykis Ltd Board Approves CMD Appointment, Name Change
Lykis Ltd announced the outcome of its Board Meeting held on June 15, 2026. Key decisions included the appointment of Mr. Jitendra Kumar Ranka as Chairman & Managing Director, and the regularization of Mr. Nishant Nathmal Bajaj, Ms. Kinjal Bhavin Gandhi, and Ms. Radhika Amit Agarwal as directors. The company also approved the re-appointment of J A S S & CO LLP as statutory auditors and M/s. KTPS & Co. as internal auditors. A significant resolution was the proposed change of the company's name from Lykis Limited to Krowniq Limited, subject to shareholder approval. Additionally, the board set limits for asset disposal, borrowings, loans, and investments under relevant sections of the Companies Act, 2013, also requiring member approval.
Key Highlights
- Jitendra Kumar Ranka appointed as Chairman & Managing Director.
- Four directors regularized, including two independent directors.
- Company name proposed to change to Krowniq Limited.
- Statutory and internal auditors re-appointed/appointed.
- Limits set for asset disposal, borrowings, and investments.
Price Impact
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