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Lakshmi Machine Works Ltd is a leading Textile Machinery Manufacturer in India engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings, and parts and components catering to diverse sectors.
LMW Limited received an ESG Rating from NSE Sustainability. The rating was assigned independently based on public data, without the company's direct engagement, highlighting its sustainability profile.
LMW's wholly owned subsidiary, LMW Aerospace Industries, is now LMW Advanced Materials and Technologies. This signals a strategic shift or broader focus for the subsidiary.
LMW announced its Q1 financial results, with standalone revenue at Rs. 853.30 Cr & net profit at Rs. 66.01 Cr. The Board approved a strategic business expansion into Pharma, EVs, Renewables, and Robotics, pending shareholder approval. An exceptional VRS cost of Rs. 2.41 Cr was noted.
LMW received an independent ESG Rating from CRISIL ESG, based on publicly available information. The company did not engage CRISIL ESG for this assessment.
LMW announced its 63rd Annual General Meeting (AGM) via video conference. Shareholders received web links to the FY25-26 Annual Report, especially those without registered emails. A reminder was issued to update KYC details and dematerialize physical shares.