StockWatch
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Industrial Products
Merger11 Sept 2026, 10:30 pm

Lloyds Engineering to hold Unsecured Creditors Meeting for Merger Scheme

AI Summary

Lloyds Engineering Works Ltd has announced a meeting of its Unsecured Creditors on October 16, 2026, to consider and approve a Scheme of Merger by Absorption. The scheme involves the merger of Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited with Lloyds Engineering Works Limited. The meeting will be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM), with remote e-voting facility available from October 12 to October 15, 2026. Unsecured Creditors whose debt was outstanding as of March 31, 2026, are eligible to attend and vote. The notice and explanatory statements are available on the company's website.

Key Highlights

  • Unsecured Creditors meeting scheduled for October 16, 2026.
  • Purpose is to approve a merger scheme involving three transferor companies.
  • Meeting to be held via Video Conferencing with e-voting options.
  • Eligibility to vote based on outstanding debt as of March 31, 2026.