Lagnam Spintex Limited has informed the Exchange about change in Management

Management Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹83.50

prior close

₹86.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-1.4%+3.0% vs market

Other Textile Products peers, median of 187sector-0.8%+2.4% vs sector

On the reaction day the stock moved 3.0 pts more than Nifty Microcap 250 and 2.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 187Pending

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AI summary

Lagnam Spintex Limited held its Board meeting on 8th May 2026 and approved the audited financial results for Q4 and FY 2025-26. Revenue from operations was Rs 60,498.05 lakhs, nearly flat versus prior year (Rs 60,556.46 lakhs). Net profit grew 11.9% to Rs 1,438.98 lakhs from Rs 1,285.47 lakhs. The board also approved appointment of SSMS & Associates as Internal Auditors for FY 2026-27 and re-appointment of N.D. Birla & Co. as Cost Auditors. The 16th AGM is scheduled for 27th August 2026 through video conferencing. Note: Despite the filing headline mentioning 'change in Management', the actual document contains no information about any management, CEO, CFO, or KMP changes.

Likely market impact

No management or KMP changes were disclosed in this filing. The results show steady profit growth with stable revenues. The appointment of new internal auditors is a routine procedural matter with no material impact.