Lykis News

Lykis Open Offer Dates Revised to March-April 2026

Parshav Vatika LLP and partners announce revised schedule for mandatory open offer to acquire 26% stake in Lykis Limited at ₹34.50 per share, with identified date moved to March 02, 2026 and offer period from March 17 to April 02, 2026.

Lykis Issues Cautionary Outlook Amid Global Risks

Lykis Limited warns of deteriorating external conditions including sustained inflation, rising costs, FX volatility, and geopolitical risks that may materially impact business performance and financial results.

Lykis Open Offer Schedule & Contact Details Released

Lykis Limited releases detailed open offer schedule with tentative dates, manager and registrar contact information for the mandatory acquisition by Parshav Vatika LLP and PACs.

Lykis Limited's Independent Director Kairav Trivedi Completes Term

Kairav Trivedi completed his term as Independent Director of Lykis Limited on November 13, 2025, ceasing his roles as Chairman of the Audit Committee and member of other key committees. The completion affects the company's board composition and committee leadership structure.

Lykis Limited Reports Quarterly Loss, Completes Disposal of Associate Companies

Lykis Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The company completed the disposal of its entire investments in associate companies Lykis Biscuits Private Limited and Lykis Packaging Private Limited, recording a net loss of Rs. 0.46 lakhs in standalone results and net profit of Rs. 0.59 lakhs in consolidated results. The company also disposed of its investment in Lykis Herbals Private Limited, generating a net profit of Rs. 0.38 lakhs. The Board approved the sale of all company trademarks, which have been classified as assets held for sale. The consolidated results include subsidiaries Lykis Export LLC UAE and Goldspan Exports Private Limited. The Board meeting was held on November 8, 2025, with results reviewed by the Audit Committee and approved by the Board of Directors.