Krowniq

Krowniq Ltd's board accepted the resignations of chief financial officer Shrigopal Kandoi with effect from 28 September 2026 and company secretary and compliance officer Kinjal Rathod with effect from 14 August 2026. Kandoi cited personal reasons and Rathod cited career improvement and growth opportunities, with no other material reasons stated. No successors were named. Jitendra Kumar Ranka became managing director on 25 May 2026 after completion of a share purchase agreement and open offer, and the company changed its name from Lykis Ltd with effect from 30 July 2026. Three wholly owned subsidiaries were incorporated on 19-22 June 2026 with share subscription unpaid at 30 June. Consolidated revenue was about Rs 393 crore in FY26, broadly flat on FY25, with first-quarter FY27 revenue of Rs 126.68 crore.

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Sept 28 (Reuters) - KROWNIQ Ltd KROW.BO:

• KROWNIQ LTD- SHRIGOPAL KANDOI RESIGNS AS CFO

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Lykis Ltd's board approved a set of proposals that would dramatically expand the company's financial capacity, including authorising borrowings of up to ₹100 crore and investments up to ₹200 crore — several times the company's current market capitalisation of ₹89 crore. The board also appointed Jitendra Kumar Ranka as Chairman & Managing Director, regularised three other directors, and proposed altering the company's name to Krowniq Limited. Related party transactions were authorised up to ₹143 crore annually with various subsidiaries and entities. All major proposals, including the borrowing limits and name change, remain subject to shareholder approval at the upcoming annual general meeting.

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June 15 (Reuters) - Lykis Ltd LYKI.BO:

• LYKIS - APPOINTS JITENDRA KUMAR RANKA AS CHAIRMAN AND MD

Source text: ID:nBSE8XmCL9

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April 27 (Reuters) - Lykis Ltd LYKI.BO:

• LYKIS LTD MARCH-QUARTER CONSOL NET PROFIT 19.5 MILLION RUPEES

• LYKIS LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.45 BILLION RUPEES

Further company coverage: LYKI.BO

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March 20 (Reuters) - Lykis Ltd LYKI.BO:

• LYKIS LTD- IMPACT OF ONGOING MIDDLE EAST CONFLICT ON EXPORT OPERATIONS AND FINANCIAL PERFORMANCE

• LYKIS LTD - FACES INCREASED FREIGHT COSTS AND ORDER FULFILMENT DELAYS

• LYKIS LTD - SEES MATERIAL RISK OF SHIPMENT DELAYS AND SHORT-TERM VOLUME DECLINES IN AFRICA

• LYKIS LTD - EXPECTS ADVERSE IMPACT ON NEAR-TERM FINANCIAL PERFORMANCE

• LYKIS LTD - SEES RISK OF MARGIN COMPRESSION AND WORKING CAPITAL PRESSURE

• LYKIS LTD - INCURS MATERIALLY HIGHER FREIGHT COSTS PER UNIT DUE TO REROUTING WHICH MAY NOT BE IMMEDIATELY RECOVERABLE THROUGH PRICING ADJUSTMENTS

Source text: ID:nBSE2TYmJr

Further company coverage: LYKI.BO

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Aug 6 (Reuters) - Lykis Ltd LYKI.BO:

• SHAFEEN CHARANIA RESIGNS AS CHAIRMAN

Source text: ID:nBSE2hSSFD

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Aug 2 (Reuters) - Lykis Ltd LYKI.BO:

• JUNE-QUARTER CONSOL NET PROFIT 11.9 MILLION RUPEES VERSUS PROFIT 8.9 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 916 MILLION RUPEES VERSUS 862.5 MILLION RUPEES

Source text for Eikon: ID:nBSE2blFks

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May 18 (Reuters) - Lykis Ltd LYKI.BO:

• MARCH-QUARTER CONSOL NET PROFIT 58.4 MILLION RUPEES VERSUS PROFIT 10.7 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.43 BILLION RUPEES VERSUS 930.6 MILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: LYKI.BO

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