LMW Limited has informed the Exchange regarding Change in Director(s) of the company.
LMW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LMW Limited reported FY26 standalone net profit of Rs. 153.92 Crores (vs Rs. 238.24 Cr in FY25; FY25 included Rs. 131.61 Cr one-time gain from subsidiary sales). Consolidated net profit was Rs. 130.73 Crores. The board recommended a dividend of Rs. 35 per share (350%). Key director changes include re-appointment of Managing Director Sanjay Jayavarthanavelu for 5 years from April 2027, re-appointment of Wholetime Director M Sankar, and appointment of Sri Narayanan Vellayan as new Independent Director for 5 years from July 2026. Statutory auditors S Krishnamoorthy & Co are retiring after completing two terms; M/s Brahmayya & Co is recommended as successor for 5 years from FY27.
The company delivered lower FY26 profits year-on-year due to the absence of exceptional gains seen in FY25. Dividend recommendation remains attractive at 350%. Leadership continuity is maintained with key management re-appointments, which is positive for shareholder confidence.