Lakhotia Polyesters (India) Ltd — Important, 01-04-2026: Company Update

Lakhotia Polyesters shared an update regarding its plan to acquire a 100% stake in Dubai-based New Nexus FZ LLC. The company previously aimed to complete this strategic acquisition by March 31, 2026. However, due to delays in receiving necessary regulatory approvals, which are impacted by the prevailing geopolitical situation, the acquisition is now anticipated to close by June 30, 2026. This revised timeline means the expected operational and business impacts of integrating New Nexus FZ LLC will occur later than initially planned, affecting the company's strategic growth schedule.