BSELYKIS LIMITEDLowNeutral
Announced Wed, 15 Jul · 19:33 IST

Lykis 42nd AGM concludes; 16 resolutions approved including name change

Board & Shareholder Meetings View source PDF

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AI summary

Lykis Limited held its 42nd AGM on July 15, 2026 via video conferencing. 62 members attended and shareholders approved 16 resolutions. Key items: adoption of FY26 financial statements, statutory auditor JASS & CO LLP reappointed for 5 years, Jitendra Kumar Ranka appointed as Chairman and Managing Director, regularization of additional directors, change of company name, alteration in main objects, re-adoption of MoA and AoA, and higher borrowing limits. Voting results due within 2 working days.

Likely market impact

Routine AGM disclosure. Voting results due in 2 working days. Items such as name change, new CMD and higher borrowing capacity may shape future strategy and leverage.