LMW Limited announced the approval of its unaudited financial results for the quarter and period ended September 30, 2026. The Board also greenlit a significant capacity expansion plan by establishing a new ‘Machine Tool Division – Unit III’ with an investment of Rs.10 Crores. Additionally, an Independent Director, Sri Arun Alagappan, will retire effective October 25, 2026.
LMW Limited Reports Q2 FY27 Financials and Approves Expansion
LMW Limited has announced key decisions from its Board of Directors meeting held on October 21, 2026. The Board approved the unaudited financial results, both standalone and consolidated, for the quarter and period ended September 30, 2026. These results, along with segment-wise details, statement of assets and liabilities, and cash flow statements, have been published and are available on the company’s website.
Capacity Expansion to Boost Production
In a significant move to enhance its manufacturing capabilities, LMW Limited’s Board has approved a proposal for the establishment of a new unit named “Machine Tool Division – Unit III”. This new facility will be set up on company-owned land in Coimbatore and is part of the company’s strategy to expand its production capacity. The project requires an investment of Rs.10 Crores, with financing through internal accruals. The new unit is expected to reduce lead time for machine deliveries and is slated for completion by December 2026.
Independent Director Retirement Noted
The Board also noted the retirement of Sri Arun Alagappan from the position of Non-Executive Independent Director. His term concludes at the close of business hours on October 25, 2026, following the completion of his second five-year term.
Source: BSE
