LMW Limited — Others, 24-01-2025: Change in Director(s)

LMW Limited has announced a board meeting where they approved the financial results for the quarter and half-year ended 31st December 2024. The standalone revenue from operations reached ₹710.81 crore, with a net profit after tax of ₹147.88 crore, significantly influenced by a ₹131.61 crore exceptional gain from the sale of shares in its subsidiaries. Additionally, Justice Chitra Venkataraman will retire from her role as Non-Executive Independent Director effective 1st February 2025. This update may bolster investor confidence due to strong financial performance and strategic management changes, while the retirement presents a potential risk in governance continuity.