StockWatch
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Non Banking Financial Company (NBFC)
Corporate Governance8 May 2026, 01:28 pm

Lloyds Enterprises Re-appoints Sandeep Aole as Director

AI Summary

Lloyds Enterprises Limited announced the re-appointment of Mr. Sandeep Suhas Aole as an Independent Director for a second term of 5 years, commencing from May 27, 2027, subject to shareholder approval. The board also approved the re-appointment of M/s. R. D. Nagvekar & Co. as the Internal Auditor for FY 2026-27 and the appointment of M/s. V. K. Beswal & Associates as Statutory Auditor for five years, subject to shareholder approval. The decisions were made at the Board Meeting held on May 8, 2026.

Key Highlights

  • Sandeep Suhas Aole re-appointed as Independent Director for second term.
  • R. D. Nagvekar & Co. re-appointed as Internal Auditor for FY 2026-27.
  • V. K. Beswal & Associates appointed as Statutory Auditor for five years.
  • Board approved final dividend of Re. 0.05 per share for FY 2025-26, subject to shareholder approval.
  • Audited financial results for FY ended March 31, 2026 were approved.