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.