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Lyka Labs CEO, chairman, board of directors and AGM

NSE: LYKALABSBSE: 500259Pharmaceuticals & BiotechnologySmall Cap

Lyka Labs Limited · Face value ₹10 · Listed Jun 1986 on BSE, Feb 1995 on NSE
Last close ₹75.07down ₹1.53 (2.00%)BSE ₹75.50

Share price at the NSE close on 2 Nov 2026. Previous close ₹76.60.

2 Nov: open ₹76.00, high ₹76.00, low ₹75.07

52-week range of traded prices to 2 Nov 2026
₹44.10Low, 30 Mar 2026₹96.00High, 6 Nov 2025
Market cap
₹271 Cr2,310th largest listed
P/E
Lossover the last 12 months
P/B
2.83
Dividend yield
Nonein the last 12 months
ROE
−4.5%
ROCE
−3.6%
Debt to equity
0.47
Volume, NSE
15,895

Lyka Labs' chairperson is BABU LAL JAIN and its managing director and CEO KUNAL NARENDRA GANDHI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 10 Aug 2026.

Lyka Labs board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonBABU LAL JAIN
  • Managing director and CEOKUNAL NARENDRA GANDHI
  • Company Secretary and Compliance OfficerSHAILENDRA AGRAWAL

7 directors3 independent2 executive2 non-executive

  • BABU LAL JAIN · ChairpersonIndependent · joined Aug 2022 · reappointed Aug 2022 · 50 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • KUNAL NARENDRA GANDHI · Managing director and CEOExecutive · joined Feb 2019 · 0 months as independent · 2 listed boards · 3 committee seats
  • PRASHANT GODHANon-executive · joined Aug 2022 · reappointed Aug 2022 · 0 months as independent · 4 listed boards · 1 committee seat
  • SHASHIL PHILIP MENDONSANon-executive · joined Aug 2022 · 0 months as independent · 1 listed board
  • NEERAJ GOLASIndependent · joined Jan 2024 · reappointed Jan 2024 · 33 months as independent · 2 listed boards · 2 as independent · 3 committee seats
  • YOGESH BABULAL SHAHExecutive · joined Feb 2020 · reappointed Aug 2025 · 0 months as independent · 1 listed board · 1 committee seat
  • ARCHANA SURENDRA YADAVIndependent · joined May 2025 · reappointed May 2025 · 18 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 2 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • DHARA PRATIK SHAH, left 3 Aug 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 10 Aug 20267 of 7 present3 independent · 76 days in between
    • 25 May 20266 of 7 present3 independent

  • Audit Committee

    Chair BABU LAL JAIN

    NEERAJ GOLAS, ARCHANA SURENDRA YADAV, KUNAL NARENDRA GANDHI

    • 10 Aug 20264 of 4 present3 independent · 76 days in between
    • 25 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair ARCHANA SURENDRA YADAV

    BABU LAL JAIN, NEERAJ GOLAS, PRASHANT GODHA

    • 10 Aug 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair BABU LAL JAIN

    NEERAJ GOLAS, KUNAL NARENDRA GANDHI, YOGESH BABULAL SHAH

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair KUNAL NARENDRA GANDHI

    NEERAJ GOLAS, ARCHANA SURENDRA YADAV, YOGESH BABULAL SHAH

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • D Kothary & Co.Peer-review certificate valid to Nov 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Lyka Labs AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.

Annual general meeting, 10 Aug 2026

29,814 shareholders on the register on 3 Aug 2026; present: 10 promoters and 56 others; votes counted by KAUSHAL DOSHI / KAUSHAL DOSHI & CO..The company's voting result

  1. Adoption of Audited Financial Statements and Reports thereon: a .the Audited Financial Statements of the Company for the financial year ended on 31st March 2026 together with the Reports of the Board of Directors and Auditors thereon and b .the Audited Consolidated Financial Statements of the Company for the financial year ended on 31st March 2026 together with the Report of the Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 61.23% · promoters 99.84% · institutions 0.00% · other public 7.05%

  2. 2.To appoint a Director in place of Mr. Shashil Philip Mendonsa (DIN: 09667654) who retires by rotation and being eligible offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 61.23% · promoters 99.84% · institutions 0.00% · other public 7.05%

  3. Ratification of Remuneration of Cost Auditor for FY 2025-2026
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 61.23% · promoters 99.84% · institutions 0.00% · other public 7.05%

  4. Ratification of Remuneration of Cost Auditor for FY 2026-2027
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 61.23% · promoters 99.84% · institutions 0.00% · other public 7.04%

  5. Approval of Material Related Party Transactions with IPCA Laboratories Limited for the Financial Year 2026-27
    OrdinaryPromoters have an interest in it
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 2.87% · promoters 0.00% · institutions 0.00% · other public 7.04%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 1 Aug 2025, 9 resolutions

28,455 shareholders on the register on 25 Jul 2025; present: 7 promoters and 23 others; votes counted by Mr. Kaushal Doshi / M/s. Kaushal Doshi & Associates.The company's voting result

  1. 1.Adoption of Audited Financial Statements and Reports thereon: a .the Audited Financial Statements of the Company for the financial year ended on 31st March 2025 together with the Reports of the Board of Directors and Auditors thereon and b .the Audited Consolidated Financial Statements of the Company for the financial year ended on 31st March 2025 together with the Report of the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.13%

  2. 2. To appoint a Director in place of Mr. Prashant Godha (DIN: 00012759) who retires by rotation and being eligible offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.13%

  3. 3- Appointment of Mrs. Archana S Yadav as an Independent Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.13%

  4. 4 - Ratification of Remuneration of Cost Auditor for FY 2024-2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.13%

  5. 5 - Ratification of Remuneration of Cost Auditor for FY 2025-2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.13%

  6. 6 - Appointment of Secretarial Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.13%

  7. 7 - Approval of the Related Party Transactions for the Financial Year 2025-26
    OrdinaryPromoters have an interest in it
    96.37% for3.63% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.63%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.13%

  8. 8 - Re-appointment of Mr. Yogesh B Shah as a Whole- time Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.12%

  9. 9 - Introduction and Implementation of Lyka Labs Limited Employees Stock Option Scheme 2025
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.41% · promoters 95.18% · institutions 0.00% · other public 0.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Meeting called by the tribunal, 4 Mar 2025, 1 resolution

29,008 shareholders on the register on 25 Feb 2025; present: 9 promoters and 34 others; votes counted by Kaushal Doshi / Kaushal Doshi & Associates.

  1. To consider and if thought fit, approve with or without modification(s), to pass, the following resolution for approval
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 55.57% · promoters 95.18% · institutions 0.00% · other public 0.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 9 Aug 2024, 5 resolutions

Present: 9 promoters and 41 others.

  1. To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements along with Balance Sheet as at 31st March 2024, Statement of Profit and Loss Account and Cash Flow Statement for the year ended on that date and reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 54.53% · promoters 100.00% · institutions 29.36% · other public 0.26%

  2. To appoint a Director in place of Mr. Shashil Mendonsa, Non - Executive Director (DIN: 09667654) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.17%

    Turnout: all 54.54% · promoters 100.00% · institutions 29.36% · other public 0.26%

  3. Appointment of Statutory Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 54.53% · promoters 100.00% · institutions 29.36% · other public 0.26%

  4. Approval of the Related Party Transactions for the Financial Year 2024-25
    OrdinaryPromoters have an interest in it
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.08%

    Turnout: all 0.32% · promoters 0.00% · institutions 29.36% · other public 0.12%

  5. Approval of remuneration to the Cost Auditor for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 54.54% · promoters 100.00% · institutions 29.36% · other public 0.26%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Feb 2024, 2 resolutions
  1. Appointment of Mr. Neeraj Golas (DIN:06566069) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.07%

    Turnout: all 55.34% · promoters 100.00% · institutions 38.06% · other public 0.52%

  2. Re-appointment of Mr. Kunal Gandhi (DIN: 01516156) as Managing Director of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.45%

    Turnout: all 40.91% · promoters 73.78% · institutions 38.06% · other public 0.38%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Meeting called by the tribunal, 20 Feb 2024, 1 resolution

Present: 6 promoters and 8 others.

  1. To approve the Scheme of Amalgamation of Lyka Exports Limited with Lyka Labs Limited and their respective shareholders and the creditors.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 55.63% · promoters 100.00% · institutions 0.00% · other public 1.84%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 2 Aug 2023, 4 resolutions

Present: 9 promoters and 37 others.

  1. To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements along with Balance Sheet as at 31st March 2023, Statement of Profit and Loss Account and Cash Flow Statement for the year ended on that date and reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 54.85% · promoters 100.00% · institutions 0.00% · other public 0.25%

  2. To appoint a Director in place of Mr. Prashant Godha, Non - Executive Director (DIN: 00012759) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 54.85% · promoters 100.00% · institutions 0.00% · other public 0.25%

  3. Approval of the Related Party Transactions for the financial year 2023-24
    SpecialPromoters have an interest in it
    96.35% for3.65% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.65%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.11%

  4. Approval of remuneration to the Cost Auditor for the financial year 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.11%

    Turnout: all 54.85% · promoters 100.00% · institutions 0.00% · other public 0.25%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 15 Apr 2023, 1 resolution
  1. Re-appointment of Mr. Yogesh Shah (DIN:06396150) as an Executive Director
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.56%

    Turnout: all 45.91% · promoters 87.51% · institutions 91.53% · other public 0.80%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
Dec 2400Mar 2500Jun 2500Sep 2511Dec 2500Mar 2610Jun 2622Sep 26

Open at the quarter's end

Dec 240Mar 250Jun 250Sep 250Dec 250Mar 261Jun 260Sep 26
At most 1 complaint open, quarter to Jun 2026.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.