LMW Limited's Subsidiary Changes Name to LMW Advanced Materials and Technologies Limited
LMW Limited's wholly-owned subsidiary, formerly LMW Aerospace Industries Limited, has officially changed its name to LMW Advanced Materials and Technologies Limited. This change has been approved by the Ministry of Corporate Affairs and is in compliance with SEBI regulations.
A name change of a subsidiary is a procedural event and typically has a low impact on the parent company's stock performance.
The announcement is a routine corporate action regarding a name change of a subsidiary and does not have a direct immediate financial impact.
LMW Limited (formerly Lakshmi Machine Works Limited) has announced a significant change regarding its wholly-owned subsidiary. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and with the approval of the Ministry of Corporate Affairs, the name of the subsidiary has been officially changed.
The subsidiary, formerly known as “LMW Aerospace Industries Limited”, will now operate under the new name “LMW Advanced Materials and Technologies Limited”.
This intimation is being made available on the company's official website, www.lmwglobal.com, for public record.
A plain-language summary of a public exchange filing by LMW Limited. Read the original for the full detail.