Lloyds Metals Board Approves Unaudited Results, Director Appointment, and Investments

Lloyds Metals and Energy Limited announced that its Board of Directors, in a meeting held on August 10, 2026, approved the unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026. The Board also approved the appointment of Mr. Avijit Ghosh as an Additional Director (Non-Executive, Independent) for a five-year term, subject to shareholder approval. Furthermore, the company will invest in renewable energy projects for captive consumption, including entering into Share Subscription and Shareholders Agreements and Power Purchase Agreements for wind and solar power. The Board also approved the conversion of outstanding loans into equity for its wholly-owned subsidiary, Lloyds Global Resources FZCO, and an enabling approval for additional investment in the same subsidiary.