Lykis Ltd Board Approves Name Change to Krowniq Ltd
Lykis Ltd announced key outcomes from its Board meeting held on June 15, 2026. The company approved a significant rebranding to 'Krowniq Limited', along with consequential amendments to its Memorandum and Articles of Association, subject to shareholder approval. The board also approved the appointment of Mr. Jitendra Kumar Ranka as Chairman & Managing Director and regularized the appointments of Mr. Nishant Nathmal Bajaj, Ms. Kinjal Bhavin Gandhi, and Ms. Radhika Amit Agarwal as directors. Furthermore, the re-appointment of J A S S & CO LLP as statutory auditors and the appointment of M/s. KTPS & Co. as internal auditors were approved. The board also set limits for asset disposals, borrowings, and loans/investments under relevant sections of the Companies Act, 2013, pending member approval.
Key Highlights
- Company to change name to Krowniq Limited, subject to shareholder approval.
- Key management appointments and regularizations approved by the board.
- Statutory and internal auditors re-appointed/appointed.
- Limits set for asset disposal, borrowings, and related party transactions.
- Amendments to MOA and AOA approved, pending member consent.
Price Impact
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