LLOYDS METALS AND ENERGY LTD.

Lloyds Metals and Energy Ltd announced a record H1FY27 operational performance, with significant year-on-year production increases across key segments. Iron ore production reached 10 million tonnes (up 36%), DRI production hit 343,064 tonnes (up 104%), and pellet production soared to 3.8 million tonnes (up 372%). The company also reported 4,389 tonnes of copper production. The significant growth in pellet production is attributed to the commissioning of its second 4mnt pellet plant, achieving 100% capacity utilization. DRI production exceeded 90% capacity utilization. The company is on track to produce 26 MT of iron ore in FY27, with plans to process 8.7 million tonnes of BHQ once beneficiation plants are commissioned.

Lloyds Metals and Energy Limited (LMEL) promoters, including Rajesh Rajnarayan Gupta, have submitted a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This filing pertains to a Non-Disposal Undertaking (NDU) dated August 25, 2026, provided to SBICAP Trustee Company Limited. The NDU is a security arrangement for a Rupee Term Loan Facility availed by the company from the State Bank of India. The NDU restricts the disposal or encumbrance of shares held by the promoters during the loan tenure, while legal and beneficial ownership, voting rights, and dividend entitlements remain with the promoters. The disclosure covers multiple promoters and entities, including Ravi Babulal Agarwal, Mukesh Rajnarayan Gupta, and Thriveni Earthmovers Private Limited.

Lloyds Metals and Energy Ltd has announced a significant investment in its subsidiary, Thriveni Earthmovers and Infra Private Limited (TEIL). The company has been allotted 3,50,00,000 equity shares of TEIL at an issue price of ₹173.36 per share, for a total consideration of ₹6,06,76,00,000. Following this subscription, Lloyds Metals' total holding in TEIL will increase to 73,50,00,000 equity shares, representing 71.89% of the issued and paid-up equity share capital. This update follows an earlier intimation regarding the investment and provides details as per SEBI regulations.

Lloyds Metals and Energy Limited has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's own Code of Conduct. The trading window will be shut for all 'Designated Persons' and their immediate relatives from October 1st, 2026, until 48 hours after the announcement of the unaudited financial results for the quarter and half-year ended September 30th, 2026. The company advises concerned individuals to refrain from any transactions during this period. The date for the board meeting to approve these results will be communicated later.

SBICAP Trustee Company Ltd has disclosed the creation of a Non-Disposal Undertaking (NDU) over 10,18,02,932 shares, representing 18.09% of Lloyds Metals & Energy Limited's total share capital. This NDU was created by various promoter entities, including Mukesh Rajnarayan Gupta and others, in favor of SBICAP Trustee Company as Security Trustee for the benefit of the company's lenders. Following this, the total encumbered shares in Lloyds Metals & Energy Limited now stand at 24,98,92,164 shares, or 44.39% of the total share capital. The NDU was created on September 4, 2026.

Lloyds Metals and Energy Ltd's Board approved significant developments, including the enhancement of its Direct Reduced Iron (DRI) plant capacities. The Ghugus plant capacity will increase to 8,15,000 MTPA and the Konsari plant to 92,400 MTPA, bringing the total DRI capacity to over 9,00,000 MTPA. This expansion, achieved through debottlenecking, aims to strengthen the steel-making value chain, optimize iron ore utilization, and improve profitability. Additionally, the Board approved the allotment of 1,41,969 equity shares under the ESOP 2017 and the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹1,550 Crore via private placement.

Lloyds Metals and Energy Ltd's Board of Directors met on September 21, 2026, approving the allotment of 1,41,969 equity shares under its ESOP Plan 2017. The company also greenlit the issuance of Non-Convertible Debentures (NCDs) totaling ₹1,550 Crore on a private placement basis. Additionally, the Board approved an increase in the capacity of its DRI Plants at Ghugus and Konsari, aiming to exceed 9,00,000 MTPA total capacity through debottlenecking.

Lloyds Metals and Energy Ltd has announced the incorporation of its wholly-owned subsidiary, Lloyds Global Resources FZCO (LGRF), which has established a new wholly-owned subsidiary named 'Vector Asset Holdings Limited' in the Isle of Man. Vector Asset will function as a step-down subsidiary of Lloyds Metals. The incorporation is intended to establish an appropriate holding structure for the Group's international funding and investment activities, including facilitating ongoing funding arrangements with financial institutions. Vector Asset was incorporated on September 11, 2026, with a share capital of USD 1 and is yet to commence business, thus having no immediate operational impact on the parent company. No governmental or regulatory approvals were required for its incorporation, and the consideration for the 100% equity stake acquisition by LGRF is USD 1.

Lloyds Metals and Energy Ltd has received an order from the Competition Commission of India (CCI) imposing a penalty of ₹15,00,000. The penalty is for contravention of standstill obligations under Section 6(2A) of the Competition Act, 2002, in connection with a combination with Thriveni Earthmovers and Infra Private Limited, which was previously approved by the CCI. The company stated that the penalty has no material impact on its financials or operations and it will comply with the order within the stipulated timeline.

Shreekrishna Mukesh Gupta, a promoter of Lloyds Metals and Energy Limited (LMEL), has filed a disclosure under SEBI's SAST Regulations regarding a Non-Disposal Undertaking (NDU). The NDU, dated August 25, 2026, was entered into with SBICAP Trustee Company Limited in connection with a Rupee Term Loan Facility availed by LMEL. This undertaking restricts the disposal of 1,135,700 equity shares, representing 0.20% of LMEL's total share capital, held by Mr. Gupta. The shares remain under his legal and beneficial ownership, with voting rights and dividend entitlements preserved, subject to the NDU terms. This is a standard financing arrangement and not a pledge.