BSELYKIS LIMITEDLowNeutral
Announced Thu, 16 Jul · 12:49 IST

Lykis 42nd AGM: all 16 resolutions passed including name change

Board & Shareholder Meetings View source PDF

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AI summary

Lykis Limited 42nd AGM was held on July 15, 2026 via video conferencing. All 16 resolutions passed with over 99.99 percent support on 68.45 percent polling. Key items approved: FY26 financial statements, reappointment of statutory auditor JASS and CO LLP for a second 5 year term, appointment of Jitendra Kumar Ranka as Chairman and Managing Director, regularisation of three directors, change of company name with MOA and AOA amendments, and enhanced borrowing and investment powers under Sections 180, 185 and 186.

Likely market impact

All 16 resolutions passed with near-unanimous backing. Name change and expanded borrowing and investment limits now take effect for the company.