L.K.Mehta Polymers Ltd

L.K. Mehta Polymers Ltd has announced the incorporation of its wholly owned subsidiary, L.K. MEHTA GREEN PRIVATE LIMITED, effective August 5, 2026. This move is part of the company's strategy for business diversification and expansion into the green and renewable energy sector. The subsidiary has an initial paid-up capital of ₹1,00,000 and will focus on sustainable technologies, recycling, and allied activities. This initiative is expected to enhance business opportunities and strengthen the company's long-term growth prospects.

L.K. Mehta Polymers Limited announced its Board of Directors has approved the incorporation of a wholly-owned subsidiary, 'L.K. Mehta Green Private Limited', in India. This new entity will focus on manufacturing, processing, trading, and developing green and renewable energy products and solutions, including solar, wind, and bio-energy, as well as energy-efficient products and plastic recycling. The company will invest ₹1,00,000 by subscribing to 10,000 equity shares of ₹10 each in the subsidiary. This strategic move aims to diversify the company's business operations and capitalize on opportunities in the growing green energy and sustainability sector.

L.K. Mehta Polymers Limited announced the incorporation of a wholly-owned subsidiary, L.K. Mehta Green Private Limited, approved by its Board of Directors on June 29, 2026. This new entity will focus on green and renewable energy products and solutions, including solar, wind, and bio-energy, as well as energy-efficient products, plastic recycling, and sustainable technologies. The company will invest ₹1,00,000 by subscribing to 10,000 equity shares of ₹10 each in the subsidiary. This strategic move aims to diversify L.K. Mehta Polymers' business operations and capitalize on opportunities in the growing green energy sector.

L.K.Mehta Polymers Ltd reports no deviations or variations in the use of IPO proceeds for the half-year ended March 31, 2026, as per Regulation 32 of SEBI guidelines. The IPO raised ₹7,38,40,000, with ₹7,28,40,000 utilized as stated in the offer document. The remaining ₹10,00,000 is parked in a fixed deposit with HDFC Bank. This was reviewed by the Audit Committee and Board of Directors on May 29, 2026.

L.K.Mehta Polymers Ltd has appointed Mr. Rahul Kumar Parihar as the Internal Auditor for the Financial Year 2026-27, following the recommendation of the Audit Committee and approval by the Board of Directors on May 29, 2026. This appointment complies with Section 138 read with Rule 13 of the Companies (Accounts) Rules, 2014 and Regulation 30 of the SEBI (LODR) Regulations, 2015.

L.K.Mehta Polymers Ltd's Board of Directors approved the audited financial results for the half year and financial year ended March 31, 2026, along with the audit report. The board also approved the audited financial statements for the same period and a declaration pursuant to Regulation 33(3)(d) of SEBI regulations. Other approvals include the utilization of IPO proceeds and the appointment of internal auditors for the financial year 2026-27.

L.K.Mehta Polymers Ltd has announced that a meeting of the Board of Directors is scheduled for May 29, 2026. The board will consider and approve the audited financial results for the half and year ended on March 31, 2026, along with any other related matters.

L.K.Mehta Polymers Ltd has announced that a meeting of the Board of Directors is scheduled for May 29, 2026. The meeting's agenda includes considering and approving the audited financial results for the half-year and year ended March 31, 2026, along with any other related matters.

L.K.Mehta Polymers Ltd. has announced the closure of its trading window for dealing in the company's security, effective from April 1, 2026, until 48 hours after the declaration of financial results for the half year and year ended 31st March 2026. This decision is in accordance with the company's 'Code of Conduct to Regulate, Monitor and Report Trading by Insiders' and SEBI (Prohibition of Insider Trading) Regulations, 2015. The board meeting for the consideration and approval of financial results for the aforementioned period will be announced in due course.

L.K.Mehta Polymers Ltd. held a board meeting on 14th November 2025, where they considered and approved various matters. The board approved the un-audited financial results for the half-year ended 30th September 2025, along with a limited review report. The board also appointed a scrutinizer for the postal ballot and e-voting process, and set the cut-off date for determining the eligibility of equity shareholders. The company did not make a deferred tax provision on a half-yearly basis, which is to be done annually. The independent auditor, DCJ & Associates, reviewed the financial statements and expressed an unmodified opinion on them.