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LMW gets nod to make additional investment in LMW Holding

15 May 2025 Evaluate

LMW has received approval for additional investment in wholly owned subsidiary -- LMW Holding, DIFC, United Arab Emirates. The said funds are being invested to expand the operations for Capex and Working Capital requirements of LMW Holding. The Board of Directors of the Company at their meeting held on May 14, 2025 have, inter alia, approved the same. 

LMW is engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings and parts and components for Aero space industry.


Peers
Company Name CMP
LMW 17784.75
Lohia Corp 538.40
Stovec Industries 1588.70
Veejay Lakshmi Engg 38.20
Indian Card Clothing 210.00
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