Lykis Ltd

Financial results

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved.

Name change and incorporation

• Change of name from Lykis Limited to Krowniq Limited approved; effective 30 July 2026.

Management changes

• Nadir Dhrolia ceased as MD; Jitendra Kumar Ranka appointed MD effective 25 May 2026.

Board governance

• Board composition reconstituted with changes in Non-Executive and Independent Directors.

Subsidiaries

• Three new wholly owned subsidiaries incorporated in June 2026.
• Subsidiaries: Parshav Infra Market Pvt Ltd; Tidagela Industries Pvt Ltd; Exnora Trade Private Limited.

Regulatory and governance actions

• Open Offer completed under SEBI Takeovers Regulations; change in control.

Auditor remarks

• Independent Limited Review reports indicate no material misstatement.

Subsidiaries update

• Initial subscription completed for Parshav Infra Market Private Limited.
• Initial subscription completed for Exnora Trade Private Limited.
• Subsidiaries to commence business operations in due course.
• Earlier disclosures (May 28, 2026; June 22, 2026) remain unchanged.
• Company will inform exchanges of any further material developments.

Investment in subsidiary

• Invested Rs 100,000 as initial subscription in Tidagela Industries Private Limited to form wholly-owned subsidiary.

Name change and regulatory updates

• ROC approved change of name from Lykis Limited to KROWNIQ LIMITED, effective July 30, 2026.
• Fresh Certificate of Incorporation issued by ROC dated July 30, 2026.
• MOA and AOA amended to reflect the new company name.
• Company to file name change with stock exchanges; old name to be displayed for two years.

Meeting Details

• Board meeting scheduled for Friday, July 24, 2026.
• Location: Registered office, 507-508, 5th Floor, Corporate Avenue, Goregaon East, Mumbai.

Key Agenda Items

• Unaudited standalone and consolidated financial results for Q1 ended June 30, 2026.
• Limited Review Report (standalone and consolidated) for the quarter ended June 30, 2026.
• Any other business with the chair's permission.

Other Notes

• Trading window is closed and will open 48 hours after the unaudited results declaration.

AGM Details

• AGM held July 15, 2026 at 03:00 PM IST via VC/OAVM.
• Voting results and Scrutinizer's report submitted.

Key Resolutions

• Resolution 1 (Ordinary): Adoption of standalone financial statements for FY2026; passed.
• Resolution 2 (Ordinary): Adoption of consolidated financial statements for FY2026; passed.
• Resolution 3 (Ordinary): Re-appointment of Deep Vikas Shah as Director; passed.
• Resolution 4 (Ordinary): Re-appointment of JAS S & CO LLP as statutory auditors for five years; passed.
• Resolution 5 (Special): Jitendra Kumar Ranka appointed Chairman & Managing Director; passed.
• Resolution 6 (Special): Regularisation of Nishant Nathmal Bajaj as Non-Executive Director; passed.
• Resolution 7 (Special): Regularisation of Radhika Amit Agarwal as Non-Executive Independent Director; passed.
• Resolution 8 (Special): Regularisation of Kinjal Bhavin Gandhi as Non-Executive Independent Director; passed.
• Resolution 9 (Special): Change of company name; passed.
• Resolution 10 (Special): Alteration of main object clause; passed.
• Resolution 11 (Special): Re-adoption of Memorandum; passed.
• Resolution 12 (Special): Re-adoption of new Articles; passed.
• Resolution 13 (Special): Creation of charges on assets; passed.
• Resolution 14 (Special): Borrowing limit; passed.
• Resolution 15 (Special): Loans/investments under Section 185; passed.
• Resolution 16 (Special): Investments under Section 186; passed.

Auditors & Directors

• Statutory auditor re-appointment: JAS S & CO LLP for five-year term.