LMW files BRSR for FY26 with reasonable assurance

2 min read     Updated on 29 Jun 2026, 12:03 PM
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LMW Limited filed its Business Responsibility and Sustainability Report for FY26, reporting a turnover of ₹30,81,84,36,546 and net worth of ₹27,08,88,95,720. The company detailed its sustainability initiatives, including a 51.80 MW renewable energy capacity, and disclosed GST-related penalties of ₹34,03,944 which are under appeal.

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LMW Limited filed its Business Responsibility and Sustainability Report for the financial year ended March 31, 2026, with BSE Limited and the National Stock Exchange of India Limited. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the company's initiatives from an Environmental, Social, and Governance (ESG) perspective. The disclosures have been made on a standalone basis and have received reasonable assurance from Sustainability Actions Private Limited.

The company reported a turnover of ₹30,81,84,36,546 and a net worth of ₹27,08,88,95,720 for the financial year 2025-26. Its business activities are primarily concentrated in the manufacturing of textile machinery, which accounts for 56% of turnover, and CNC machine tools, contributing 35%. The company operates 10 plants and 2 offices nationally, serving 21 states and 6 union territories, along with 30 international markets where exports contributed 11.50% to total turnover.

Sustainability and Energy Initiatives

LMW has identified four core pillars for its sustainability efforts: Sustainable Products and Value Chain Engagement, Social Development and Community Well-being, Sustainable Business Operations, and Environmental Protection and Climate Action. The company has set an internal target to offset 100% of energy consumption with renewable energy. To achieve this, it utilizes a 15.00 MW solar plant and 28 wind turbines with a total capacity of 36.80 MW. The company has also implemented a Zero Liquid Discharge (ZLD) mechanism at its plants.

Workforce and Social Performance

As of March 31, 2026, the company employed 2,397 permanent employees and 1,399 workers. The workforce included 86 female permanent employees and 11 female workers. The Board of Directors comprised nine members, with two women representing 22.22% of the board. The company reported that 100% of its sourcing is carried out in a sustainable manner, adhering to a formal code of conduct for suppliers.

Grievances and Regulatory Compliance

During the financial year 2025-26, the company received 1,694 customer complaints, of which 184 were pending resolution at the end of the year. It also received seven shareholder complaints, all of which were resolved. The company disclosed penalties amounting to ₹34,03,944 under Principle 4 of the National Guidelines on Responsible Business Conduct (NGRBC) for discrepancies related to GST invoicing. Appeals have been preferred against these penalties. The report confirmed that the company is compliant with all applicable environmental laws and regulations.

Financial Metric Value
Turnover (₹) 30,81,84,36,546
Net Worth (₹) 27,08,88,95,720
Export Contribution 11.50%
Renewable Energy Capacity 51.80 MW

Historical Stock Returns for LMW

1 Day5 Days1 Month6 Months1 Year5 Years
+0.30%+0.48%+1.38%+8.26%-4.73%+124.43%

What is the timeline for achieving the internal target to offset 100% of energy consumption with renewable energy?

How will the company address the pending 184 customer complaints to improve future resolution rates?

What strategies will LMW implement to increase the export contribution beyond the current 11.50%?

LMW Limited completes acquisition of shares in LMW Holding Limited

0 min read     Updated on 26 Jun 2026, 12:17 AM
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AI Summary

LMW Limited has completed the acquisition of additional shares in its wholly owned subsidiary, LMW Holding Limited, based in the United Arab Emirates. Confirmed via a regulatory filing on June 25, 2026, the transaction ensures the company maintains 100% ownership of the subsidiary.

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LMW LIMITED has completed the acquisition of additional shares in its wholly owned subsidiary, LMW Holding Limited, located in the United Arab Emirates. The transaction ensures the company retains 100% ownership of the subsidiary following the conclusion of the deal.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update follows an earlier disclosure dated May 20, 2026, regarding the intended acquisition of additional shares in the UAE-based entity.

Transaction Details

The acquisition was finalized pursuant to Regulation 30 read with Schedule III of the SEBI regulations. The completion of the transaction was confirmed to the stock exchanges on June 25, 2026.

Entity Location Ownership Post-Transaction
LMW Holding Limited United Arab Emirates 100%

The company confirmed that the ownership structure remains unchanged, with LMW Holding Limited continuing as a wholly owned subsidiary.

Historical Stock Returns for LMW

1 Day5 Days1 Month6 Months1 Year5 Years
+0.30%+0.48%+1.38%+8.26%-4.73%+124.43%

What strategic benefits does LMW Limited expect to gain from consolidating 100% ownership of its UAE subsidiary?

How will this acquisition impact LMW Limited's financial performance and capital allocation in the upcoming fiscal year?

Are there any expansion plans or new investments in the UAE region following this consolidation?

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