- Business
- M Lakhamsi Industries Ltd engages in the manufacturing, trading, importing, exporting, marketing, developing, distributing, and processing of agricultural commodities including oilseeds such as peanuts (bold, blanched, in-shell, roasted, kibbled), natural sesame, hulled sesame, black sesame, castor seeds, safflower seeds, sunflower seeds, oriental mustard, yellow mustard, and soybeans; pulses including chickpeas, brown chickpeas, pigeon peas, yellow peas, green peas, red lentils, green lentils, green mung, black eyed beans, kidney beans, and black matpe; grains such as sorghum, wheat, rice, maize, and millet; spices including cumin seeds, coriander seeds, fennel seeds, whole chillies, turmeric fingers, fenugreek, dill, chilli flakes, turmeric powder, and chilli powder; oils and oil cakes such as mustard oil, sesame oil, peanut oil, castor oil, and various oil cakes; as well as raisins (golden, brown, black), natural gums, and sugar. Incorporated in 1985 and headquartered at 505 Churchgate Chambers, 5 New Marine Lines, Mumbai, Maharashtra, India, the company operates integrated processing units across India with ISO, Halal, Kosher, and HACCP certifications, utilizing advanced technologies like laser and colour sorters for quality control, and exports over 25 products to more than 75 destinations worldwide as a recognized Star Export House by the Government of India. In 2021-22, a Business Succession Agreement resulted in the acquisition of significant shareholding by promoters Sanjiv Mulchand Sawla and Mulchand Lakhamsi Sawla, followed by a preferential allotment of up to 600,000 equity shares to raise capital for business expansion; promoter holding stood at 71.27% as of September 2025, down from 74.62% in December 2024; the company declared an interim dividend of 0.10 rupees per share in November 2025 with ex-date November 21, 2025; and it continues reporting consolidated financial results, including net profit of 0.08 crore rupees on 22.84 crore rupees income for the quarter ended 2025.