Lykis Limited, formerly known Greenline Tea & Exports Limited was incorporated on October 15, 1984. The name change affected from Greenline Tea & Exports Limited to Lykis Limited on May 17, 2012. Further, the Board at its meeting held on June 15, 2026 approved the change of the name of the Company from 'Lykis Limited' to 'Krowniq Limited' and a change to the Memorandum of Association and Articles of Association of the Company, subject to all necessary and statutory approvals.
The Company is engaged in business of export of FMCG, Cosmetics and other products. Prior to this, it engaged in the cultivation and marketing of tea.
In 1995-96 the company undertook various expansion and diversification projects by way of increasing the plantation areas and setting up a packaging unit.
During 1999-2000, demand for tea suffered a great setback resulting in less realisation coupled with the uncontrolled cost inflation, but inspite of all such deterrant adverse forces the company managed a marginal profit.
Thereafter, the Company acquired shares of Lykis Pharma Limited and Jin-X Marketing Pvt Ltd. It promoted Jin-X Marketing Pvt Ltd by subscribing to 4800 shares of the Company on April 27, 2012. It further purchased 200 shares amounting to a total holding of 50% in the Company and Jin-X Marketing Pvt Ltd became a subsidiary of the Company from August 1, 2012. Similarly, it purchased 75000 shares of Lykis Pharma Pvt Ltd amounting to 75% holding in the Company and thus, Lykis ... Pharma Pvt Ltd also became a subsidiary of the Company from August 1, 2012.
In 2013, the Company diversified and expanded the business by venturing into FMCGs business including Food, Pharma and Cosmetics alongwith Tea resulting a huge increase in turnover.
In 2017-18, Company sold of its all shareholding held in Lykis Confectioners Private Limited, Lyfresh Private Limited and Lykis Soaps Private Limited on July 02, 2018, August 01, 2018 and August 16, 2018 respectively consequent upon which these company ceased to be the Associate companies.
FAQs on Lykis Ltd
1. Can I buy Lykis Ltd from PL Capital? ›
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2. Does Lykis Ltd pay dividends? ›
Lykis Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Lykis Ltd ? ›
As of
30-Jun-2026 , 16:01:40 the share price for Lykis Ltd. is ₹ 44 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Lykis Ltd ? ›
The 52-week high and low of Lykis Ltd share price is ₹ 29.21 - ₹ 61.8 as of
30-Jun-2026 , 16:01:40 .