L. T. Elevator Ltd (LTELEVATOR) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by L. T. Elevator Ltd on NSE and BSE, with an AI summary of each filing.
L. T. Elevator Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....
Intimation · 14 Nov 2026, 5:30 am
L.T. Elevator Board Meeting Scheduled for Half-Year Financial Results L.T. Elevator Limited has scheduled its Board of Directors meeting on 14th Nov'26 to consider and approve the standalone and consolidated unaudited financial results for the half-year ended 30th Sep'26. In accordance with SEBI insider trading regulations, the company's trading window closed on 1st Oct'26 and will remain shut until 48 hours following the formal declaration of the financial results.
Outcome of Board Meeting pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Others (Uncategorized) · 09 Oct 2026, 11:20 pm
L.T. Elevator Approves Preferential Share Allotment for Ricardo Elevators Share Swap On 9th Oct'26, L.T. Elevator Limited's board approved the preferential allotment of 4,61,000 equity shares of face value ₹10 each at an issue price of ₹281.86 per share (including a ₹271.86 premium) for non-cash consideration. The shares were allotted to four non-promoter individuals via a share swap to acquire 100% equity in Ricardo Elevators Private Limited. Following this issuance, the company's paid-up equity share capital increased to ₹21.72 crore, comprising 2,17,24,133 equity shares. The newly issued shares are subject to statutory lock-in periods.
Scrutinizer''s report and voting result
Annual General Meeting · 10 Sept 2026, 2:41 am
L.T. Elevator AGM Approves Ricardo Elevators Acquisition via Share Swap L.T. Elevator Limited shareholders approved all six resolutions at the 18th AGM on 9th Sep'26 with 100% affirmative votes across 12.11m polled shares (63.22% turnout of 19.16m total shares). Material approvals include issuing preferential equity shares via a share swap to acquire Ricardo Elevators Private Limited, increasing authorised share capital, raising board borrowing limits under Section 180(1)(c), and empowering asset disposal under Section 180(1)(a). Shareholders also adopted FY26 standalone and consolidated financial statements and re-appointed Mrs. Usha Gupta as director.
Proceedings of 18th Annual general Meeting held on 09th September 2026
Annual General Meeting · 10 Sept 2026, 12:41 am
investor presentation
Investor Presentation · 06 Sept 2026, 11:53 pm
L.T. Elevator Expands Capacity and Global Footprint Across Core Growth Verticals L.T. Elevator reported consolidated revenue of ₹111.3 Cr with PAT of ₹17.0 Cr in FY26, achieving a 47.9% revenue CAGR from FY23 to FY26. Growth is driven by core elevators, Ricardo D2C home lifts (achieved ₹100 Cr+ ARR milestone), and DYPC Korea automated parking (acquired in Aug'26 with 12 patents). The combined order book stands at ₹289+ Cr as of Jan'26, alongside DYPC's ~₹700+ Cr bid pipeline. A new West Bengal facility will expand manufacturing capacity 2.5× to 2,500 elevator units/year by Q4 FY27.
Outcome of participation in Alpha Ideas SME Starts 2026 along with investor presentation
Others · 06 Sept 2026, 11:43 pm
L.T. Elevator Expands Capacity and Global Reach Across Core, D2C, and Parking Verticals L.T. Elevator delivered a 47.9% revenue CAGR over FY23–FY26, with FY26 revenue reaching ₹111.3 Cr and PAT at ₹17.0 Cr (15.3% margin). Growth is driven by core elevators, Ricardo D2C home lifts (achieving ₹100 Cr+ ARR milestone early), and automated parking via the acquisition of Korea’s DYPC Inc., which holds 12 patents and a ~₹700 Cr global bid pipeline. The company is executing a 2.5x capacity expansion in West Bengal by Q4 FY27, backed by a ₹289+ Cr executable order book.
Annual Report for the Financial Year 2025-2026 of the Company.
Others (Uncategorized) · 19 Aug 2026, 3:25 am
Notice of 18th Annual General Meeting will held on Wednesday 09, September 2026 at 02:00 PM
Annual General Meeting · 19 Aug 2026, 3:18 am
Considered and approved the consequential preferential issue of equity shares for consideration other than cash, pursuant to the proposed acquisition of Ricardo Elevators Private Limited ....
Others (Uncategorized) · 14 Aug 2026, 3:18 am
L.T. Elevator Abandons Merger, Opts for 100% Acquisition via Share Swap On 13th Aug'26, L.T. Elevator’s board discontinued the proposed merger with Ricardo Elevators, opting for a faster transaction structure. Instead, L.T. Elevator will acquire 100% of Ricardo via a share swap, making it a wholly-owned subsidiary. L.T. Elevator will issue up to 4,61,000 preferential equity shares at ₹281.86 per share, valuing the non-cash transaction at approximately ₹13 Cr. This strategic acquisition aims to establish a pan-India B2C business model and is expected to complete within 120 days.
Considered and approved the consequential preferential issue of equity shares for consideration other than cash, pursuant to the proposed acquisition of Ricardo Elevators Private Limited ....
Outcome · 14 Aug 2026, 3:12 am
L.T. Elevator Abandons Merger, Pursues 100% Acquisition via Share Swap L.T. Elevator's board, on 13th Aug'26, discontinued the proposed merger with Ricardo Elevators Private Limited, opting for a 100% acquisition through a share swap to expedite the transaction. The company will acquire 100% of Ricardo's equity by issuing up to 4,61,000 preferential shares at ₹281.86 each, valuing the deal at ₹12.99 crore. This non-cash transaction will make Ricardo a wholly-owned subsidiary, strengthening L.T. Elevator's B2C business. The board also approved appointments of internal and secretarial auditors for FY26-27.
Intimation of Participation in Alpha Ideas SME Starts 2026 under Regulation 30 of the SEBI ( Listing Obligations and Disclosure Requirement) Regulation 2015.
Others (Uncategorized) · 13 Aug 2026, 12:02 am
L.T. Elevator to Participate in Alpha Ideas SME Stars 2026 Investor Meet L.T. Elevator (Scrip: 544518) announced its participation in the Alpha Ideas SME Stars 2026 event. A one-to-one physical meeting is scheduled for 9:00 AM on 06th Sep'26 in Mumbai. The company will be represented by Non-Executive Director, Mr. Yash Gupta. L.T. Elevator confirmed that no Unpublished Price Sensitive Information (UPSI) would be shared during the interaction. The intimation was made to the exchange on 12th Aug'26.
L. T. Elevator Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....
Intimation · 11 Aug 2026, 12:39 am
L.T. Elevator Board to Consider Issuance of Equity Shares L.T. Elevator's board meeting on 13th Aug'26 will consider and approve a proposal for issuing equity shares or other eligible securities. The issuance may occur through various permissible modes, including a preferential issue. The board will also determine the issue price and fix the date for a general meeting to seek shareholder approval. In compliance with SEBI regulations, the trading window for designated persons has been closed from the notice date until 48 hours after the meeting's outcome is disclosed.
Investor Presentation on acquisition of Korean Company.
Investor Presentation · 05 Aug 2026, 5:35 am
L.T. Elevator to Acquire Korean Parking Tech Firm Dongyang PC L.T. Elevator announced on 04 Aug'26 its proposed acquisition of Korea-based Dongyang PC, Inc. The company will purchase 66.45% of Dongyang for USD 2.85 per share. A subsequent share buyback is planned to make Dongyang a wholly-owned subsidiary. The acquisition provides L.T. Elevator with Dongyang's global IP, including 12 patents, and its automated parking business across 35 countries. Dongyang has a ₹65 Cr order book and is expected to contribute ₹30 Cr in revenue for the remainder of FY27.
Press Release Titled "L.T. Elevator Signs Share Purchase Agreement to acquirer DYPC Inc., South Korea-Marks Entry into Global Automated Parking Technology.
Press Release · 05 Aug 2026, 5:32 am
L.T. Elevator Acquires South Korea's DYPC Inc., Enters Global Parking Tech Market L.T. Elevator executed a Share Purchase Agreement on 4th Aug'26 to acquire South Korea-based DYPC Inc., a global manufacturer of automated parking systems. The acquisition provides proprietary technology, 12 patents, and an established international client base. DYPC brings a current order book of ~₹65 Cr and a bid pipeline of ₹700 Cr, including a foothold in the US market. Management expects a ₹30 Cr revenue contribution from DYPC for the remainder of this fiscal. The deal aligns with L.T.'s new facility commissioning in Q4 FY27.
Execution of Share Purchase Agreement for Acquisition of Majority Stake in Korean Company.
Others (Uncategorized) · 05 Aug 2026, 5:28 am
L.T. Elevator to Acquire Korean Firm Dongyang PC, Targets 100% Ownership L.T. Elevator Limited executed a Share Purchase Agreement on 04 Aug'26 to acquire a majority stake in Korea-based Dongyang PC, Inc., an engineering and capital goods company. The initial acquisition is for 66.45% of Dongyang's share capital at USD 2.85 per share. Following this, L.T. Elevator will facilitate a buyback of the remaining shares from an investor at the same price. This strategic move aims to make Dongyang PC a wholly-owned subsidiary, enhancing global footprint, technology, and product portfolio. The transaction is expected to complete by 30 Sep'26.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Small Cap Fund
Acquisition/ Disposal of Shares · 30 Jul 2026, 2:17 pm
Bandhan Small Cap Fund Acquires 5.08% Stake in L.T. Elevator Bandhan Small Cap Fund acquired 10,80,000 equity shares of L.T. Elevator Limited via a preferential allotment on 27 Jul'26. The acquisition represents a 5.08% stake on a post-allotment basis, or 4.95% on a fully diluted basis. Following this transaction, Bandhan Small Cap Fund now holds 5.08% of the company's total voting capital. The target company's equity share capital increased to 2,12,63,133 shares post-allotment from 1,91,63,055 shares previously. The shares are listed on the BSE SME Exchange.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bandhan Small Cap Fund
Acquisition/ Disposal of Shares · 30 Jul 2026, 1:47 pm
Bandhan Small Cap Fund Acquires 5.08% Stake in L. T. Elevator Bandhan Small Cap Fund acquired a 5.08% stake in L. T. Elevator Limited through a preferential allotment on 27th Jul'26. The fund purchased 10,80,000 equity shares, representing 4.95% of the total diluted share capital. Following the transaction, L. T. Elevator's equity share capital increased from 1,91,63,055 shares to 2,12,63,133 shares. This acquisition establishes a new significant institutional holding in the BSE-SME listed company, with Bandhan Small Cap Fund holding a total of 10,80,000 shares post-allotment.
Outcome of board meeting for allotment of Equity share and Convertible Warrants.
Others (Uncategorized) · 28 Jul 2026, 2:37 am
L.T. Elevator Board Approves Preferential Allotment of Equity and Warrants L.T. Elevator's board on 27 Jul'26 approved a preferential allotment of 21,00,078 equity shares and 5,31,914 convertible warrants at an issue price of ₹188 each. Key allottees for the equity shares include Bandhan Small Cap Fund (10.8 lakh shares), Motilal Oswal Financial Services (2.66 lakh shares), and Gracious Advisors LLP (2.66 lakh shares). Motilal Oswal and Gracious Advisors also received 2.66 lakh warrants each. Post-allotment, the company's paid-up equity capital increased to ₹21.26 crore.
Commencement of Construction of Integrated Manufacturing Facility.
Press Release · 15 Jul 2026, 9:33 pm
L.T. Elevator Commences Construction on New Integrated Manufacturing Facility L.T. Elevator has commenced construction of a new integrated manufacturing facility in West Bengal, scheduled for commissioning in Q4 FY27. This strategic capex is expected to increase total manufacturing capacity by ~2.5x, enabling the production of 2,500 elevator units and 8,000 car parking spaces annually. At full ramp-up, the facility holds a peak revenue potential of approximately ₹400 crore. The expansion aims to improve cost efficiencies through vertical integration, reduce lead times, and position the company to secure larger institutional and government contracts.
APPOINTMENT OF SECRETARIAL AUDITOR
Change in Auditor · 26 Jun 2026, 12:57 am
L.T. Elevator Appoints New Company Secretary and Secretarial Auditor L.T. Elevator Limited's Board of Directors, in a meeting on 25th Jun'26, approved key appointments. Mr. Parthiv Rameshbhai Pansuriya has been appointed as the Company Secretary and Compliance Officer, effective 25th Jun'26. Additionally, the board appointed M/s. Himanshu SK Gupta & Associates, a firm of Practicing Company Secretaries, as the Secretarial Auditor for the financial year 2025-26. Both appointees have no relationship with the company's directors.
Appointment of Company Secretary and compliance Officer
Change in Management · 26 Jun 2026, 12:07 am
L.T. Elevator Appoints New Company Secretary and Secretarial Auditor L.T. Elevator Limited's board, in its meeting on 25th Jun'26, approved two key appointments. Mr. Parthiv Rameshbhai Pansuriya was appointed as the new Company Secretary and Compliance Officer, effective immediately. Additionally, M/s. Himanshu SK Gupta & Associates, a firm of practicing company secretaries, was appointed as the Secretarial Auditor for the financial year 2025-26. Both appointees have no prior relationship with the company's directors. These changes are crucial for the company's corporate governance and compliance framework.
Voting Results and Scrutinizer''s Report
Extra Ordinary General Meeting · 13 Jun 2026, 10:01 pm
Shareholders Approve Capital Raise and Alteration of Articles L.T. Elevator Limited shareholders approved all resolutions at the EGM on 13 Jun'26 with 100% of votes in favour. Key approvals include increasing authorised share capital, altering the AoA, and issuing up to 2,127,563 equity shares and up to 531,914 convertible warrants on a preferential basis. Overall voter turnout was 63.82% of total shareholding, with promoters voting 99.45% of their holdings and public non-institutions voting 3.36%. All resolutions passed with the requisite majority, indicating strong shareholder support for the capital raising plans.
Proceedings of Extra-Ordinary General Meeting held on 13th June 2026
Extra Ordinary General Meeting · 13 Jun 2026, 8:30 pm
L.T. Elevator EOGM Proposes Share and Warrant Issuance L.T. Elevator held an EOGM on 13 Jun'26 to consider resolutions for raising capital. Key proposals included an increase in authorised capital and alterations to the Memorandum and Articles of Association. The company seeks to issue up to 21,27,563 equity shares and up to 5,31,914 fully convertible warrants on a preferential basis for cash consideration. Voting results from the meeting are expected to be announced within 48 hours. This indicates a potential equity dilution and capital infusion for the company.
Appointment of Investor/Representative
Others (Uncategorized) · 12 Jun 2026, 9:04 pm
L.T. Elevator Appoints EquiBridgeX Advisors for Investor Relations L.T. Elevator Limited has appointed EquiBridgeX Advisors Private Limited as its Investor/PR Representative, effective from 12 Jun'26. EquiBridgeX will manage communications with investors, analysts, and stakeholders to strengthen the company's investor relations framework. The firm's mandate includes enhancing corporate visibility, managing investor queries, and ensuring alignment with best governance practices. This move signals L.T. Elevator's commitment to improving transparency and stakeholder engagement.
Corrigendum to the Notice of Extra-Ordinary General Meeting dated 22nd May, 2022
Extra Ordinary General Meeting · 09 Jun 2026, 9:50 pm
L.T. Elevator EGM Corrigendum: Changes to Preferential Issue and Capital Allocation L.T. Elevator issued a corrigendum for its EOGM on 13th Jun'26, changing the proposed allottee for a preferential issue of 26,596 equity shares to Resource Vincom Private Limited from Rainbow Agri Commodities. The updated objects of the issue detail the utilization of proceeds totaling up to ₹49.99 cr. Key allocations include ₹15 cr for a new factory capex, ₹27.5 cr for inorganic growth/acquisitions, and ₹4.41 cr for general corporate purposes. The company confirmed no change in control will result from the allotment.