Lloyds Engineering Works Ltd Enters Agreement with Virtualabs S.r.l., Italy

Lloyds Engineering Works Ltd has entered into an Agreement with Virtualabs S.r.l., Italy as of December 04, 2025. The agreement is for the development of radar technology in defense and civil applications. The agreement details are enclosed as 'Annexure A' in the disclosure. There is no shareholding in the entity with whom the agreement is executed, and there is no significant impact on the management or control of the listed entity. The transaction does not fall under related party transactions.