Lykis Ltd Board Approves CMD Appointment, Name Change to Krowniq

Lykis Ltd announced the outcome of its board meeting held on June 15, 2026. Key decisions include the appointment of Mr. Jitendra Kumar Ranka as Chairman & Managing Director, and the regularization of three 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 at the upcoming AGM. Additionally, the board approved alterations to the Memorandum and Articles of Association, and set limits for borrowings, loans, and asset disposals under relevant sections of the Companies Act, 2013, also pending shareholder consent.