Lakhotia Polyesters (India) Limited has announced its board's approval for acquiring a 100% stake in New Nexus FZ LLC, a Dubai-based entity, marking a strategic expansion into international markets. The decision was made during a board meeting held on December 12, 2025, following recommendations from the Audit Committee. The board meeting commenced at 4:00 PM and concluded at 6:00 PM, with the approval granted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Acquisition Details

The target entity, New Nexus FZ LLC, is registered as a Free Zone Limited Liability Company in Dubai and operates in the general trading sector. The company was established on January 23, 2025, and currently reports nil turnover.

Transaction Structure

The acquisition involves a cash consideration for 100 shares with a face value of AED 1,000.00 per share. The transaction is classified as a related party transaction, as Madhusudhan Lakhotiya, Managing Director and promoter of Lakhotia Polyesters, currently holds 100 shares in New Nexus FZ LLC.

Strategic Objectives

The acquisition is designed to enable Lakhotia Polyesters to expand its business geography into the African region. This represents a significant step in the company's international expansion strategy, moving beyond its current operations in the textile sector.

Regulatory Requirements

The proposed acquisition requires approval under ODI (Overseas Direct Investment) regulations. The company expects to complete the acquisition process on or before March 31, 2026, subject to receiving necessary regulatory approvals.

Communication to Stock Exchanges

The company has formally communicated the board meeting outcome to BSE Limited, providing all required details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The notification was signed by Madhusudhan Lakhotiya, Managing Director, ensuring proper disclosure to stakeholders and regulatory authorities.

Lakhotia Polyesters (India) Ltd , a manufacturer of Metallic Yarn & Textile Fabrics, has announced its unaudited financial results for the quarter ended June 30, 2025, showcasing a remarkable turnaround in its performance.

Financial Highlights

The company reported a significant improvement in its financial metrics for the quarter:

Key Performance Indicators

Revenue Growth

Lakhotia Polyesters witnessed a substantial increase in its revenue from operations, which rose to Rs 102.59 lakh from Rs 35.77 lakh in the same quarter last year, marking a growth of 186.8%.

Profitability

The company's profit after tax stood at Rs 97.84 lakh, a significant improvement from a loss of Rs 17.87 lakh in the corresponding quarter of the previous year.

Total Income

The total income for the quarter reached Rs 169.55 lakh, up from Rs 54.20 lakh year-on-year, representing a 212.8% increase.

Earnings Per Share

Basic and diluted earnings per share for the quarter were Rs 0.93, compared to a loss of Rs 0.06 per share in the same period last year.

Operational Overview

Lakhotia Polyesters (India) Ltd operates primarily in the manufacturing and selling of Metallic Yarn & Textile Fabrics. The company's single business segment aligns with Ind AS 108 on "Operating Segments".

Management Comments

The Board of Directors, in their meeting held on July 24, 2025, reviewed and approved these unaudited financial results. Madhusudan Lakhotiya, the Managing Director, signed off on the results, indicating the management's confidence in the company's performance.

Conclusion

Lakhotia Polyesters (India) Ltd's first-quarter results for the fiscal year 2025-26 demonstrate a strong recovery and growth trajectory. The substantial increase in revenue and the shift from loss to profit underscore the company's improved operational efficiency and market position in the Metallic Yarn & Textile Fabrics sector.

Investors and stakeholders may view these results as a positive indicator of the company's financial health and future prospects. However, it's important to note that these are quarterly results and should be considered in the context of longer-term performance trends and market conditions.