M Lakhamsi Industries Limited is primarily engaged in manufacturing, exporting, and trading oil seeds, pulses, and oil products from its units in Rajkot and Mumbai.

The company underwent significant change in business focus and management in 2021, shifting from marketing and finance to agro-based business through a Business Succession Agreement.

The acquisition of shares by Mr. Sanjiv Mulchand Sawla and Mr. Mulchand Lakhamsi Sawla marked their transition to promoters of the company, solidifying their strategic control.

A major strategic expansion involved issuing 600,000 equity shares on a preferential basis to both promoters and non-promoters, enabling capital influx.

Post-acquisition, the company amended its main objects to specifically highlight its export focus and capabilities in multiple agro-commodity products.