Lakhotia Polyesters (India) Ltd — Important, 29-06-2026: Company Update

Lakhotia Polyesters (India) Ltd provided an update on its planned acquisition of 100% stake in New Nexus FZ LLC, a Dubai-based entity. The company previously aimed to conclude this acquisition by June 30, 2026. However, due to delays in receiving necessary approvals, the completion of this strategic acquisition is now expected on or before September 30, 2026. This revised timeline is significant for investors following the company's expansion strategy and operational development.