LWS Knitwear Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, following the board meeting held on February 13, 2026. The company reported quarterly revenue of ₹1,768.17 lakhs and net profit of ₹85.43 lakhs for Q3FY26.

Board Meeting Outcome

The board of directors convened on February 13, 2026, from 02:00 PM to 02:30 PM at the company's registered office located at G.T. Road (W), Ludhiana-141008. The meeting was conducted in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q3FY26 Financial Performance

The company's unaudited financial results for the quarter ended December 31, 2025, demonstrate solid operational performance across key metrics:

Nine-Month Performance Overview

For the nine months ended December 31, 2025, LWS Knitwear Limited reported strong year-to-date performance with revenue from operations reaching ₹6,364.09 lakhs compared to ₹5,935.46 lakhs in the corresponding period of the previous year, marking a growth of 7.22%.

Statutory Compliance and Audit

The unaudited financial results have been prepared in accordance with Indian Accounting Standards (IND AS) as prescribed under section 133 of the Companies Act, 2013. The results were reviewed and recommended by the Audit Committee and approved by the Board of Directors. Parmod G. Gupta & Associates, Chartered Accountants, conducted the limited review and expressed an unmodified opinion on the financial results.

Company Information

LWS Knitwear Limited operates under CIN L55101PB1989PLC009315 with its registered office at G.T. Road (W), Ludhiana-141008. The company operates primarily in the textile segment and maintains a paid-up equity share capital of ₹1,463.18 lakhs. The notification was signed by Girish Kapoor, Managing Director (DIN: 01870917).

LWS Knitwear , a prominent player in the knitwear industry, has made significant announcements regarding its leadership and corporate governance structure. The company has taken steps to ensure continuity in its management and strengthen its compliance processes.

Reappointment of Managing Director

In a move that signals confidence in the current leadership, LWS Knitwear has reappointed Mr. Girish Kapoor as the Managing Director for an extended term. The reappointment, which takes effect from September 1, 2026, is for a period of five years. This decision underscores the company's commitment to stable leadership and long-term strategic planning.

New Secretarial Auditor Appointed

In addition to the leadership reappointment, the company has also focused on enhancing its corporate governance framework. LWS Knitwear has appointed M/s Bhambri and Associates as its Secretarial Auditor for a five-year term, spanning from the financial year 2025-26 to 2029-30. This appointment was approved in a board meeting held on May 30, 2025.

Profile of the New Secretarial Auditor

M/s Bhambri and Associates brings a wealth of experience to their new role. The firm is led by Mr. Ansh Bhambri, a Fellow member of the Institute of Company Secretaries of India. Mr. Bhambri's expertise spans various crucial areas, including:

• Secretarial matters
• Legal affairs
• SEBI dealings
• Corporate finance
• Project finance

This diverse skill set is expected to contribute significantly to LWS Knitwear's compliance and governance practices.

Annual General Meeting Highlights

The company recently held its 36th Annual General Meeting (AGM) on September 30, 2025. Key resolutions passed at the AGM include:

1. Adoption of the audited financial statements for the year ended March 31, 2025
2. Reappointment of Mrs. Kusum Kapoor as a director
3. Reappointment of Mr. Girish Kapoor as Managing Director with revised remuneration
4. Changes in the remuneration payable to Mrs. Kusum Kapoor, Wholetime Director
5. Approval to enter into a loan agreement with directors Girish Kapoor and Kusum Kapoor, with an option for conversion into equity shares
6. Appointment of the new Secretarial Auditor

All resolutions were passed with the requisite majority, indicating strong shareholder support for the company's decisions.

Shareholder Participation

The AGM saw active participation from shareholders, with 42 members present in person or through proxy. The e-voting process, which was open from September 27 to September 29, 2025, facilitated broader shareholder participation in the decision-making process.

These strategic moves by LWS Knitwear reflect the company's focus on maintaining strong leadership, enhancing corporate governance, and ensuring compliance with regulatory requirements. As the company moves forward with these changes, stakeholders will be keenly watching how these decisions impact its performance and market position in the coming years.