Lloyds Engineering Works Ltd Secures Cochin Shipyard Order for Fin Stabilizer Systems Worth INR 20.67 Crores

Lloyds Engineering Works Ltd has been awarded an order by Cochin Shipyard Limited for the supply, installation, commissioning, and training including spares of Fin Stabilizer systems. The order is worth INR 20.67 crores and will be executed in various delivery dates over a period of seven years, with the first supply due in three months from the date of order and the last supply by September 2028. This order does not fall under related party transactions and there is no interest from the promoter/promoter group/group companies in the entity that awarded the order.