The Board of Directors of the Company have approved the appointment of the Cost Auditor of the Company. The same is enclosed herewith.

LMW Limited's Board approved multiple items at its May 20, 2026 meeting. For FY2026, standalone revenue was Rs 3,081.84 crore with net profit of Rs 153.92 crore (down from Rs 238.24 crore in FY2025 due to exceptional items including a one-time gain of Rs 131.61 crore in the prior year). Consolidated revenue was 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 shareholder approval at the July 24, 2026 AGM. Statutory auditors M/s S Krishnamoorthy & Co are retiring after their second term, and M/s Brahmayya & Co is recommended as successor for 5 years. Key re-appointments include Managing Director Sri Sanjay Jayavarthanavelu (5 years from April 2027) and Independent Director Sri Aroon Raman (5 years from May 2027). A new Independent Director Sri Narayanan Vellayan and Senior Management appointment (Sri Chandrashekar R as Head – Foundry and ATC) were also approved. The Board also approved additional investment in WOS LMW Holding Limited, UAE.