Last Mile Enterprises
6.35
-0.21(-3.20%)
Market Cap₹225.93 Cr
PE Ratio12.86
Company Performance:
1D-3.20%
1M-14.07%
6M-49.64%
1Y-74.76%
5Y+188.64%
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More news about Last Mile Enterprises
28Oct 25
Last Mile Enterprises Allots 14.76 Lakh Equity Shares Upon Warrant Exercise
Last Mile Enterprises Limited has allotted 14,76,000 equity shares to four non-promoter investors following the exercise of warrants. The allotment was made at ₹60 per warrant, with ₹45 per warrant paid as the remaining exercise price. The total amount raised through this allotment is ₹8,85,60,000. The largest allotments were made to Vineet Arora (7,51,650 shares) and NAV Capital VCC - NAV Capital Emerging Star Fund (6,26,600 shares). The newly allotted shares will have equal rights as existing equity shares, including dividend entitlements.
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19Sept 25
Last Mile Enterprises Forms Joint Venture with Agribid for Agri-Tech Solutions
Last Mile Enterprises has formed a joint venture with Agribid Private Limited, creating a new subsidiary named AGRIMILE SOLUTIONS PRIVATE LIMITED. The venture aims to provide tech-enabled solutions and finance-integrated services in the agricultural sector. Last Mile Enterprises holds a 51% stake in the new entity, which has an authorized and paid-up capital of Rs 10.00 lakh. The joint venture focuses on enhancing transparency in the agricultural value chain, improving market access for farmers, and leveraging efficient logistics infrastructure.
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08Sept 25
Last Mile Enterprises Sets September 23, 2025 as Record Date for Dividend, Announces AGM
Last Mile Enterprises Limited will hold its 30th AGM on September 30, 2025, via video conferencing. The company has set September 23, 2025, as the record date for dividend and e-voting. A final dividend of 2% on equity shares is recommended, subject to shareholder approval. The company reported significant growth in FY 2024-25, with consolidated revenue increasing to Rs. 38,515.83 lakhs and profit after tax rising to Rs. 1,795.43 lakhs. Last Mile Enterprises operates in Real Estate and Mobile Accessories segments, both showing substantial growth. The company also issued new equity shares and warrants, acquired a stake in Fair Lane Realty Limited, and sub-divided its equity shares.
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15Aug 25
Last Mile Enterprises Reports Fund Utilization Delays Amid Warrant Conversion Uncertainty
Last Mile Enterprises reported full utilization of Rs. 234.35 crore received from a Rs. 280.32 crore preferential issue. Implementation delays observed in four out of seven objectives due to non-receipt of majority warrant funds. Current share price of Rs. 15.16 is significantly lower than warrant exercise price of Rs. 45, raising doubts about warrant conversion. Promoter shareholding decreased from 47.31% to 27.03% between March 2024 and June 2025. Company awaiting statutory warrant payment deadlines before concluding on objective completion and fund utilization.
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11Aug 25
Last Mile Enterprises Reports Strong Q1 FY2026 Results, Appoints New Auditors
Last Mile Enterprises Limited held a board meeting on August 11, 2025, approving Q1 FY2026 financial results and making key decisions. The company reported consolidated revenue of Rs 124,030.90 lakh and net profit of Rs 683.11 lakh for Q1 FY2026. The Mobile Accessories and Gadgets segment was the major revenue driver. The board approved the appointment of M/S H S K & CO LLP as the new statutory auditor for five years, subject to shareholder approval. Preparations for the upcoming AGM were also approved.
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02May 25
Last Mile Enterprises Launches AgriMile: A Game-Changing Agri-Tech Joint Venture
Last Mile Enterprises Limited (LME) has announced the launch of AgriMile, a strategic joint venture with AgriBid aimed at transforming India's agricultural sector. AgriMile is a comprehensive agri-tech platform offering real-time data-driven insights, climate-smart farming solutions, direct market linkages, agri-fintech integration, and knowledge dissemination services. The initiative aligns with LME's vision of sustainable development and has the potential to impact millions of farmers across India.
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Last Mile Enterprises
6.35
-0.21
(-3.20%)
1 Year Returns:-74.76%
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