Lykis Limited has scheduled its 42nd Annual General Meeting (AGM) for July 15, 2026, at 3:00 p.m. IST via Video Conferencing or Other Audio Visual Means. The company announced the book closure dates from July 09, 2026, to July 15, 2026, to determine shareholder eligibility for the meeting. The relevant cut-off date for voting on AGM resolutions is July 08, 2026.

The meeting agenda includes seeking shareholder approval to change the company's name to Krowniq Limited and ratify the appointment of Jitendra Kumar Ranka as Chairman & Managing Director. The Board approved these proposals on June 15, 2026. Shareholders will also vote on the alteration of the Main Object Clause in the Memorandum of Association to facilitate the name change and the re-adoption of the Memorandum and Articles of Association to align with the Companies Act, 2013, and SEBI regulations.

In compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facilities. Remote e-voting commences on July 12, 2026, at 9:00 p.m. and concludes on July 14, 2026, at 5:00 p.m. Ms. Komal Birmiwala, Practicing Company Secretary, has been appointed as the Scrutinizer to oversee the voting process.

Key Meeting Schedule

Key Approvals

Lykis Ltd reported a consolidated net profit of ₹672.97 lakh for the financial year ended March 31, 2026, a significant increase from ₹260.99 lakh in the previous year. Operational revenue including other income stood at ₹39661.76 lakh, while profit before tax was ₹821.94 lakh. On a standalone basis, the company recorded a net profit of ₹371.74 lakh on revenue of ₹26289.31 lakh.

The board has approved a change in the company's name from Lykis Limited to Krowniq Limited, subject to regulatory approvals. This follows an open offer by M/s. Parshav Vatika LLP and other acquirers, who acquired 67.17% of the voting share capital from the erstwhile promoter, Mr. Nadir Dhrolia. The open offer for an additional 26% of shares saw 201 equity shares tendered and accepted.

The board met six times during the year under review. The company has reconstituted its board and committees following the change in management and control. Mr. Jitendra Kumar Ranka has been appointed as the Chairman & Managing Director, effective May 25, 2026, subject to shareholder approval. The registered office has been shifted to Goregaon (East), Mumbai.

The company’s subsidiaries include Goldspan Exports Private Limited and Lykis Exports LLC. Lykis Biscuits Private Limited and Lykis Packaging Private Limited ceased to be associates during the year. The directors have not recommended a dividend for the financial year ended March 31, 2026.

Financial Highlights

The audited financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations. M/s J A S S & Co LLP has been re-appointed as the statutory auditor for a second term of five years.