LMW Ltd Strengthens Global Footprint: Retains 100% Ownership of LMW Holding Limited with Fresh Investments

Image Source: Crunchbase

Lakshmi Machine Works Ltd (LMW) has reaffirmed its commitment to global expansion by announcing it will retain 100% ownership of its wholly owned subsidiary, LMW Holding Limited, based in the Dubai International Financial Centre (DIFC), United Arab Emirates.

Key Highlights:

Full Ownership Maintained: LMW Ltd confirmed on July 2, 2025, that it will continue to hold the entire equity of LMW Holding Limited, reinforcing its long-term strategic vision for international growth.

Fresh Capital Infusion: The Board approved an additional investment in LMW Holding Limited, further strengthening the subsidiary’s financial base and operational capabilities.

AED 90 Million Funding: LMW Holding Limited is set to receive AED 90 million from its parent, with 9,000,000 shares issued at AED 10 each, ensuring LMW Ltd retains complete control.

Strategic Purpose: LMW Holding Limited, incorporated in July 2024, serves as a holding and managing office to facilitate investments in industrial enterprises and management ventures, aiming to boost LMW’s global presence through strategic alliances and talent acquisition.

International Reorganization: In December 2024, LMW transferred its stake in LMW Textile Machinery (Suzhou) Co Ltd, China, to LMW Holding Limited, making the Chinese entity a step-down subsidiary and consolidating international assets under the Dubai-based holding company.

Shareholder Value: Alongside these moves, LMW’s Board recommended a dividend of Rs. 30 per share for the financial year ending March 31, 2025, subject to shareholder approval at the upcoming AGM.

These strategic actions underscore LMW’s focus on global market access, operational consolidation, and value creation for shareholders.

Source: Reuters/Refinitiv, Stock Insights, MarketScreener, SharesBazaar, Business Standard, LMW Corporate Filings