Nilkanth Resources Limited

Nilkanth Resources Limited, formerly known as Lippi Systems Limited, announced that the Ministry of Corporate Affairs has approved the change of the company’s name to Nilkanth Resources Limited, effective October 13, 2026, according to a filing with the BSE Limited on October 14, 2026.

Lippi Systems Limited informed the BSE that its board of directors appointed Mr. Harilal Ratanshibhai Patel (DIN: 11943723) as an Additional Director (Non-Executive, Independent) for a term of five consecutive years, effective September 29, 2026, subject to shareholder approval. The company also reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee, with Mr. Patel assuming the chairmanship of each committee.

Lippi Systems Limited informed the BSE Limited that it is closing its trading window for dealing in the company's securities for its promoters, members of the promoter group, directors, key managerial personnel, insiders, designated and connected persons, and their immediate relatives, from October 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter and half-year ended September 30, 2026.

Lippi System Limited announced the allotment of 65,00,000 convertible equity warrants on a preferential basis to promoters Vinesh Shivji Dholu, Jagdish Shivji Dholu, Shivji Karamrashi Dholu, Jagruti Vinesh Dholu, and Parul Jagdish Dholu, at an issue price of Rs 56.84 per warrant. The company has received Rs 9,23,65,000, representing 25% of the total consideration of Rs 36,94,60,000, and each warrant is convertible into one equity share with a face value of Rs 10.

Lippi Systems Limited will hold a board meeting on Friday, August 14, 2026, at its registered office to consider and adopt the standalone unaudited financial results for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited.

Net Loss of Lippi Systems reported to Rs 0.52 crore in the quarter ended March 2026 as against net loss of Rs 0.16 crore during the previous quarter ended March 2025. There were no Sales reported in the quarter ended March 2026 and during the previous quarter ended March 2025. For the full year,net profit reported to Rs 3.77 crore in the year ended March 2026 as against net loss of Rs 0.74 crore during the previous year ended March 2025. There were no Sales reported in the year ended March 2026 and during the previous year ended March 2025.Powered by Capital Market - Live

Lippi Systems will hold a meeting of the Board of Directors of the Company on 30 May 2026.

Lippi Systems announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 June 2026.

Lippi Systems will hold a meeting of the Board of Directors of the Company on 18 May 2026.

Net profit of Lippi Systems reported to Rs 4.97 crore in the quarter ended December 2025 as against net loss of Rs 0.15 crore during the previous quarter ended December 2024. There were no Sales reported in the quarter ended December 2025 and during the previous quarter ended December 2024.Powered by Capital Market - Live