Latest news about Lippi Systems
Lippi Systems
186.38
+8.87(+5.00%)
Company Performance:
View Company Insights1D+5.00%
1M+206.80%
6M+643.74%
1Y+701.63%
5Y+1,403.06%
More news about Lippi Systems
23May 26
Lippi Systems schedules EGM to approve warrant issue
Lippi Systems Limited has announced an Extraordinary General Meeting (EGM) on June 25, 2024, to approve the preferential allotment of 1,30,00,000 warrants to five individuals, who will become promoters. The issue aims to raise ₹36.946 crore for capital expenditure and working capital, with proceeds to be utilized by December 31, 2027. The meeting will be held via video conferencing, with e-voting available from June 22 to June 24, 2024.
13May 26
Lippi Systems Board Meeting Scheduled on May 18, 2026 to Consider Fund Raising, Authorised Share Capital Increase, and EGM Matters
Lippi Systems Limited has scheduled a Board of Directors meeting on May 18, 2026, pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015. The board will consider a fund raising proposal via preferential issue of equity shares, convertible warrants, and/or other eligible securities, along with an increase in authorised share capital and amendment to the Memorandum of Association. The meeting will also address fixing the date of an Extraordinary General Meeting, approving the draft EGM notice, and appointing scrutinisers for the EGM.
25Feb 26
Lippi Systems Limited Clarifies Share Price Movement in Response to BSE Surveillance Query
Lippi Systems Limited responded to BSE surveillance query on February 25th, 2026, regarding price movement in its equity shares. The company confirmed compliance with SEBI regulations, stated no material information is pending disclosure, and attributed the price movement to market conditions rather than any specific corporate factor.
14Feb 26
Lippi Systems Limited Reports Strong Q3FY26 Results with ₹496.89 Lakh PAT
Lippi Systems Limited reported exceptional Q3FY26 results with total income of ₹744.32 lakh and profit after tax of ₹496.89 lakh, marking a significant turnaround from previous quarters. The nine-month performance showed total income of ₹768.58 lakh with PAT of ₹428.97 lakh. The company operates in manufacturing and power generation segments, with a major asset disposal during the quarter involving factory land and buildings contributing to the strong performance.
17Nov 25
Lippi Systems Limited Sells Property for Rs. 9 Crore in Strategic Move
Lippi Systems Limited has sold its land and building property in Gujarat to Kshetrapal Realty LLP for Rs. 9.00 crores. The property, located in Rakanpur, Gandhinagar, includes 7770 sq. meters of land and 6141.86 sq. meters of built-up area, comprising industrial, commercial, and residential units. The sale was approved by the Board of Directors and shareholders, following proper corporate governance procedures. The buyer is not a related party and holds no equity in Lippi Systems Limited.
14Nov 25
Lippi Systems Reports Widening Losses in Q2 FY2025
Lippi Systems Limited, a manufacturer of roto gravure printing cylinders and wind power generator, reported a net loss of ₹45.84 crore for Q2 FY2025, more than double the previous quarter's loss. Total income was ₹11.31 crore against expenses of ₹79.95 crore. Both manufacturing and wind power segments showed losses. The company's cash flow from operations was negative at ₹420.80 lakh, indicating potential liquidity challenges.
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