LMWBSELMW LtdMediumNeutral
Announced Wed, 20 May · 18:02 IST

Intimation of appointment of Senior Management Personnel of the Company under Regulation 30 of SEBI(LODR) Regulations,2015.

Management Changes View source PDF

LMW · price

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹14400.00
prior close
₹14888.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-1.7-3.1-2.2-1.6+3.5+6.6+11.1+9.7+10.5+9.7+16.0+11.8
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AI summary

LMW Limited reported audited FY2026 standalone revenue of Rs 3,081.84 crore (up from Rs 2,909.40 crore YoY) and standalone net profit of Rs 153.92 crore, down from Rs 238.24 crore last year primarily due to lower exceptional items. Consolidated revenue stood at Rs 3,207.42 crore with net profit of Rs 130.73 crore. The Board recommended a dividend of Rs 35 per share (350%) for FY2026, subject to shareholder approval at the July 24, 2026 AGM. Key changes include: statutory auditor change from S Krishnamoorthy & Co to Brahmayya & Co for a 5-year term; re-appointment of Managing Director Sanjay Jayavarthanavelu and Independent Director Aroon Raman; new appointment of Sri Chandrashekar R as Head – Foundry and Advanced Technology Centre (part of Senior Management); and recommendation to appoint Sri Narayanan Vellayan as Independent Director.

Likely market impact

The company shows revenue growth but lower profitability versus prior year. Dividend recommendation provides shareholder returns signal. Multiple board appointments and auditor change indicate routine corporate governance updates with no major red flags.