Lykis Ltd — Important, 15-06-2026: Company Update

The company's Board approved new leadership: Mr. Jitendra Kumar Ranka was appointed Chairman & Managing Director, alongside other director regularizations. Strategic moves include a name change to 'Krowniq Limited' and revised business objectives. Statutory auditors J A S S & CO LLP were re-appointed, and KTPS & Co. appointed as internal auditors. Financial limits for asset disposal/borrowings were set at Rs. 100 Cr, and for loans/investments/guarantees at Rs. 200 Cr. Additionally, related party transactions with specific annual limits were approved. All significant decisions require shareholder approval at the upcoming Annual General Meeting.