LLOYDS METALS AND ENERGY LTD.

Lloyds Metals and Energy Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by India Ratings and Research Private Limited and ACER Credit Rating Private Limited, covers the utilization of proceeds from a Qualified Institutional Placement and a Preferential Issue of Warrants. According to the report, based on management undertakings and a statutory auditor's certificate, no deviation from the stated objects has been observed. The report has been reviewed by the Audit Committee and taken on record by the Board of Directors on August 10, 2026, and will be available on the company's website.

Lloyds Metals and Energy Ltd's Board of Directors convened on August 10, 2026, approving several key decisions. These include the unaudited financial results for the quarter ended June 30, 2026, along with a limited review report. 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. Significant strategic approvals include the acquisition of a minimum 26% stake under a Group Captive Scheme for renewable energy projects (wind and solar power), the conversion of outstanding loans into equity for its wholly-owned subsidiary Lloyds Global Resources FZCO (LGRF), and an enabling approval for further investment in LGRF via Compulsorily Convertible Preference Shares.

Lloyds Metals and Energy Ltd announced the appointment of Mr. Avijit Ghosh as an Additional Director, designated as Non-Executive Independent Director, for a term of five years. This decision was made during a Board of Directors meeting held on August 10, 2026. The company also approved unaudited financial results for the quarter ended June 30, 2026, along with a security cover certificate and a statement on the utilization of issue proceeds from Non-Convertible Debentures. Further approvals included a minimum 26% stake acquisition under a Group Captive Scheme for renewable energy projects and the conversion of outstanding loans into equity shares for its subsidiary, Lloyds Global Resources FZCO.

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.

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. Additionally, the company secured board approval for investments in renewable energy projects, including entering into Share Subscription and Shareholders Agreements and Power Purchase Agreements for wind and solar power, to facilitate captive consumption. 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 further investment in the subsidiary.

Lloyds Metals and Energy Limited has approved the allotment of 70,000 Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹700 Crores. These are 9.02% Senior, Secured, Listed, Rated, Redeemable, and Transferable NCDs, issued on a private placement basis. The NCDs have a tenor of 10 years, with a maturity date of August 6, 2036. The company has secured these NCDs with a first charge on its movable plant and machinery at its Grinding Unit and DRI Konsari facilities. The issue has received credit ratings of 'IND AA/Stable' from India Ratings and 'Crisil AA/Stable' from Crisil Ratings.

Lloyds Metals And Energy Ltd has announced that its Board of Directors will convene on August 10, 2026. The primary agenda item is to consider and approve the unaudited financial results for the quarter ended June 30, 2026, on a standalone and consolidated basis. The company also informed about the continuation of the trading window closure for designated persons and their immediate relatives, which began on July 1, 2026, and will remain closed until 48 hours after the announcement of these financial results.

Lloyds Metals and Energy Ltd has received an order from the Commissioner of Customs, Nagpur, confirming a demand for differential customs duty of ₹7,74,60,071. The company also faces interest of ₹54,74,037 and a penalty of ₹1,16,19,020 under the Customs Act, 1962, due to misclassification of goods. Notably, the company states it has already paid the differential duty, interest, and penalty prior to the order's issuance. The company asserts that the levied penalty will not have a material impact on its financials or operations.

Crosslink Food and Farms Private Limited, a promoter of Lloyds Metals and Energy Limited, has announced the release of a pledge on 6,00,000 equity shares. The shares were released in favor of Jio Credit Limited on July 3, 2026, as per the terms of the pledge agreements. This action is stated to be in line with prudent financial management while ensuring lender interests are protected. The disclosure was made to the stock exchanges on July 10, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Lloyds Metals and Energy Ltd has subscribed to 22,340 equity shares of Hexa Energy MH3 Private Limited, representing 12.27% of its issued and paid-up equity share capital. The total consideration for this investment was ₹3,14,99,400. Following this subscription, Lloyds Metals' total holding in Hexa MH3 will increase to 44,681 equity shares, constituting 29.72% of the company's issued and paid-up equity share capital. This update follows earlier intimations regarding the investment and execution of Share Subscription and Shareholders Agreements.