Lykis
46.21
-0.91(-1.93%)
Market Cap₹89.54 Cr
PE Ratio23.80
Company Performance:
1D-1.93%
1M-9.59%
6M+21.64%
1Y+64.33%
5Y+75.04%
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More news about Lykis
11Mar 26
Lykis Limited Independent Directors Committee Reviews Open Offer March 2026
Lykis Limited's Committee of Independent Directors convened on March 11, 2026, to analyze and provide recommendations on the mandatory open offer by Parshav Vatika LLP and associates. The open offer seeks to acquire 50,37,541 equity shares (26% stake) at ₹34.50 per share, with the offer period scheduled from March 17 to April 02, 2026, following regulatory compliance under SEBI Takeover Regulations.
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22Jan 26
Lykis Limited Issues Cautionary Outlook Amid Rising Global Economic and Geopolitical Risks
Lykis Limited issued a cautionary outlook on January 22, 2026, warning of multiple risk factors that may materially impact its business performance. The company cited sustained inflation, rising operating costs, foreign exchange volatility, geopolitical risks in African markets, infrastructure challenges, and increasing credit risks as key concerns affecting future revenues and profitability.
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02Jan 26
Lykis Limited Open Offer Schedule and Contact Details Released
Lykis Limited has published the complete open offer schedule and contact details for the mandatory acquisition by Parshav Vatika LLP and PACs. The process includes key dates from the identified date of January 28, 2026, through payment completion on March 12, 2026, with the tendering period running from February 11-25, 2026. The offer involves acquiring 50,37,541 shares at ₹34.50 per share for a total consideration of ₹17.38 crores.
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08Nov 25
Lykis Limited Reports Q2 Results, Completes Divestment of Associate Companies
Lykis Limited reported a standalone net loss of Rs. 0.46 lakhs and a consolidated net profit of Rs. 0.59 lakhs for Q2 FY2026. The company completed divestments of its investments in Lykis Biscuits Private Limited, Lykis Packaging Private Limited, and Lykis Herbals Private Limited. The Board approved the sale of all company trademarks, now classified as assets held for sale. Consolidated results include performance of subsidiaries Lykis Export LLC UAE and Goldspan Exports Private Limited.
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21Oct 25
Lykis Limited Shareholders Approve Key Resolutions in Postal Ballot
Lykis Limited concluded a postal ballot with 68.83% shareholder participation. Two resolutions passed with 97.85% approval: a material related party transaction with Lykis Exports LLC and authorization for expanded financial powers. The e-voting process, facilitated by NSDL, took place with September 12, 2025, as the record date. Results were announced on October 21, 2025.
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20Sept 25
Lykis Limited Seeks Shareholder Approval for ₹90 Crore Related Party Transaction and Investment Limits
Lykis Limited has issued a postal ballot notice for two key resolutions. The first seeks approval for a ₹90 crore financial assistance to its subsidiary, Lykis Exports LLC, for working capital. The second proposes increasing the company's investment limits to ₹90 crores under Section 186 of the Companies Act, 2013. E-voting is open from September 21 to October 20, with results expected by October 21.
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18Sept 25
Lykis Limited Board Approves Rs. 90 Crore Related Party Transaction and Increases Investment Limits
Lykis Limited's board approved a Rs. 90 Crore related party transaction with subsidiary Lykis Exports LLC, increased investment and loan limits to Rs. 90 Crores, and authorized the sale of company trademarks. The board also approved issuing a postal ballot notice. These decisions were made during a board meeting on September 18, 2025.
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06Aug 25
Lykis Limited Announces Major Board Restructuring and Q1 FY2026 Results
Lykis Limited has made significant changes to its leadership structure and approved financial results for Q1 FY2026. Mr. Nadir Dhrolia has been re-appointed as Chairman & Managing Director. Three new directors have joined the board: Mr. Amit Mallawat and Mr. Mitesh Agrawal as Non-Executive Independent Directors, and Mr. Deep Shah as Non-Executive Non-Independent Director. The company has reconstituted its board committees following these changes. Lykis has scheduled its 41st Annual General Meeting for September 25, 2025, via video conferencing. The board has approved Q1 FY2026 financial results and various reports for FY2025.
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29Jul 25
Lykis Limited Announces Board Meeting to Review Q1 Results and Key Appointments
Lykis Limited has announced a Board of Directors meeting on August 6, 2025, to address several important matters. The agenda includes reviewing and approving un-audited financial results for the quarter ended June 30, 2025, considering the re-appointment of Mr. Nadir Dhrolia as Managing Director, and appointing two new Non-Executive Independent Directors: Mr. Amit Mallawat and Mr. Mitesh Agrawal. The board will also set the date, time, and venue for the 41st Annual General Meeting and fix the book closure date. The company has closed its trading window for insiders from July 1, 2025, to August 8, 2025, in compliance with SEBI regulations.
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Lykis
46.21
-0.91
(-1.93%)
1 Year Returns:+64.33%
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