Lakshmi Machine Works Limited (LAXMIMACH.NS)

16,959.40 -58.00 (-0.34%) At close: 03:29PM IST

Lakshmi Machine Works Limited

34 A, Kamaraj Road
Coimbatore 641018
India
91 42 2719 8100
https://www.lmwglobal.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 3,418

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Sanjay Jayavarthanavelu MBA	Executive Chairman, CEO & MD	225.3M	N/A	1968
Mr. V. Senthil	CFO & Senior GM of Finance	N/A	N/A	1979
Mr. M. Sankar	President of TMD Operations	N/A	N/A	1958
Mr. N. Krishna Kumar	Senior Vice President of ATC	N/A	N/A	1958
Mr. K. Soundhar Rajhan	Chief Strategy Officer	15.55M	N/A	1948
Mr. Murthy Kaza Sreeramachandra	President of MTD	N/A	N/A	1967
Mr. Jaidev Jayavarthanavelu	Whole Time Director	1.09M	N/A	1998
Mr. Coimbatore Ramanathan Shivkumaran	Compliance Officer & Company Secretary	N/A	N/A	N/A
Mr. Sanjay Ahuja	Head of Human Resources	N/A	N/A	1980
Mr. V. Venugopal	Senior Vice President of Foundry	N/A	N/A	1958

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Lakshmi Machine Works Limited, together with its subsidiaries, manufactures and sells textile machinery, CNC machine tools, castings, and components for the aerospace industry in India. The company operates through Textile Machinery Division, Machine Tool & Foundry Division, and Advanced Technology Centre segments. It offers textile machinery products, such as card sliver, combing system, ring and compact spinning, mill network systems, and blending solutions. The company also provides foundry products that include locomotive castings/turbocharger parts, marine transmission castings, power and energy products, and pumps and valves; and aero engine, aerostructures and structural assemblies, sheet metal and special process components, and aerospace composites. It also exports its products. Lakshmi Machine Works Limited was incorporated in 1962 and is based in Coimbatore, India.

Corporate governance

Lakshmi Machine Works Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.