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LMW hosted a conference call on Oct 29, 2024. In the conference call the company was represented by Senthil, CFO of the company.

Key takeaways of the call

Textile Machine division order book currently stands at Rs 3300 crore of which active orders are Rs 2500 crore.  LMW China order book is Rs 22 crore and the order book of UAE based LMW Global FZE is currently at Rs 280 crore.

The Board of Directors on Oct 28, 2024 have approved the proposal for the transfer of equity shares/equity interest held by the Company in its wholly owned subsidiaries viz. LMW Global FZE, UAE and LMW Textile Machinery (Suzhou) Co Ltd, China to its other wholly owned subsidiary viz. LMW Holding Limited, UAE. Consequent to the aforementioned transfer of shares, LMW Global FZE, UAE and LMW Textile Machinery (Suzhou) Co Ltd, China will become wholly owned su...

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  (10-Feb-2023)

  Deepak Nitrite

  Plans capex of about Rs 1500 crore for FY23 and FY24

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  (09-Feb-2023)

  Mayur Uniquoters

  Targets revenue of Rs 1000 crore in FY24

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  (31-Jan-2023)

  Tega industries

  Capex plan is US$ 30-32 million for next three years

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  (15-Dec-2021)

  ITC

  Company plans capex of Rs 10,000 crore over the next three years to create growth vectors