Kovilpatti Lakshmi Roller Flour Mills Limited has announced the outcome of its Board of Directors meeting held on November 13, 2026. The Board approved the unaudited financial results for the quarter and six months ended September 30, 2026. Additionally, the company received in-principle approval for the purchase of vacant land measuring approximately 2 acres in Puducherry for commercial purposes, with a cash consideration not exceeding ₹2.25 Crores.
Financial Results and Land Acquisition Approved
Kovilpatti Lakshmi Roller Flour Mills Limited’s Board of Directors, in a meeting convened on November 13, 2026, has given the green light to several significant corporate actions. Key among these approvals are the unaudited financial results for the second quarter and the first half of the fiscal year ending September 30, 2026.
Unaudited Financials for Q2 FY27
In line with regulatory requirements, the company has submitted its unaudited financial results for the quarter and six months ended September 30, 2026. These results, along with the Statement of Assets and Liabilities, Statement of Cash Flows, Segment reports, and the Statutory Auditor’s Limited Review Report, have been presented. The statutory auditor has issued an unmodified audit opinion on these results. The company also confirmed that consolidated financial statements are not applicable due to the absence of subsidiaries, associates, or joint ventures.
Land Purchase in Puducherry
The Board also approved the purchase of unused vacant land situated in Puducherry. The land measures approximately 2 acres and is intended for the company’s commercial purposes. The transaction will be a cash consideration, with the amount not exceeding ₹2.25 Crores. This acquisition is subject to necessary consents and approvals. The purchase is expected to be completed by June 30, 2027.
CAPEX for Engineering Division Upgrade
Furthermore, the Board granted in-principle approval for capital expenditure (CAPEX) totaling approximately ₹7.40 Crores for the upgradation and modernization of equipment at the company’s Engineering division in Coimbatore, Tamil Nadu. This initiative aims to enhance operational efficiency, reduce maintenance costs, and ensure long-term sustainability. The implementation is planned in a phased manner, with an expected completion by June 30, 2027.
Board Meeting Details
The Board meeting commenced at 03:30 PM IST and concluded at 08:00 PM IST on November 13, 2026.
Source: BSE
