Intimation under Regulation 30 of SEBI(LODR) Regulations, 2015- Acquisition.
LMW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LMW Ltd's Board meeting on 20th May 2026 approved multiple items including audited FY2026 standalone results showing revenue of Rs 3,081.84 crore (up from Rs 2,909.40 crore YoY) and net profit of Rs 153.92 crore (down from Rs 238.24 crore due to prior year exceptional gain of Rs 131.61 crore from subsidiary sale). 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 2026 AGM. Key leadership continuity was maintained with re-appointment of Managing Director Sanjay Jayavarthanavelu for 5 years from April 2027. Statutory auditors will change from S Krishnamoorthy & Co to Brahmayya & Co. The Board also approved additional investment in LMW Holding Limited, UAE (wholly-owned subsidiary).
Positive signals include dividend declaration and leadership continuity. The headline mentioning 'Acquisition' does not match the actual filing content, which contains no acquisition. The stock may see a positive reaction to the dividend and stable management team, though net profit decline versus prior year may warrant attention.