Lykis Ltd — Updates, 11-06-2025: Company Update

Lykis Limited has completed its exit from two associate companies, Lykis Biscuits Private Limited and Lykis Packaging Private Limited. Both were sold to an independent buyer, Mr. Mohan Rajpal Jain, with no promoter group involvement. The company received Rs. 29,180 and Rs. 4,29,323 respectively as consideration. These associates had negative net worth and reported nominal income in the last financial year, indicating limited financial contribution. This exit simplifies Lykis Limited’s structure and may help the company focus on its core operations.