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Business Standard - Markets 47d ago
Lyka Labs reports consolidated net loss of Rs 7.61 crore in the March 2026 quarter
Sales decline 16.15% to Rs 28.03 crore
LYKALABSHealthcare
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ET Markets - Industry 52d ago
NCLAT allows Lyka Labs appeal; asks Modi Lifecare to pay Rs 63 lakh or face insolvency proceedings
The NCLAT has ruled in favor of Lyka Labs. It overturned a previous NCLT decision. Modi Lifecare Industries must now pay Rs 63 lakh within 30 days. Failure to pay will lead to insolvency proceedings against the company. The tribunal found that Modi Lifecare acknowledged its debt. This ruling stems from unpaid royalties under a technical guidance agreement.
LYKALABSHealthcare