Board Meeting5 May 2026, 10:01 pm
Lloyds Metals: Dividend of ₹1/Share, NCDs up to ₹700 Cr
AI Summary
Lloyds Metals and Energy Ltd's board approved the alteration of the Articles of Association to remove the common seal clause. They also approved audited financial results for FY26, a final dividend of ₹1 per share, and the issuance of Non-Convertible Debentures up to ₹700 Crore on a private placement basis. Additionally, the board approved the acquisition of an equity stake in Lloyds Panguna Metals and Energy Limited in Papua New Guinea by its subsidiary, Lloyds Global Resources FZCO.
Key Highlights
- Board approves alteration of Articles of Association to remove common seal clause.
- Final dividend of ₹1 per share approved for FY26, subject to shareholder approval.
- NCD issuance up to ₹700 Crore approved on private placement basis.
- Subsidiary to acquire equity stake in Lloyds Panguna Metals and Energy Limited in Papua New Guinea.
- Audited Financial Results for FY26 approved.