Lloyds Steels Industries Ltd

The Competition Commission of India (CCI) has approved the proposed Scheme of Merger by Absorption of Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited with Lloyds Engineering Works Limited, and their respective shareholders. The approval was granted under Section 31(1) of the Competition Act, 2002, following an application filed on March 11, 2026.

The Competition Commission of India (CCI) has approved the proposed Scheme of Merger by Absorption of Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited with Lloyds Engineering Works Limited. The approval was granted under Section 31(1) of the Competition Act, 2002, following an application filed on March 11, 2026. The CCI considered and approved the combination in its meeting held on May 12, 2026.

Lloyds Engineering Works Ltd. has released the Monitoring Agency Report for the quarter ended March 31, 2026, as per Regulation 32 (6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 82 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The report, issued by Brickwork Ratings India Private Limited, indicates no deviation from the objects of the Rights Issue, which aggregated to ₹987.25 Crore.

Lloyds Engineering Works Ltd's board approved the audited financial results for the year ended March 31, 2026. Consolidated revenue grew by approximately 54% to ₹1,301.14 Crores, with EBITDA up by 50% to ₹239.07 Crores and PBT increasing by 44% to ₹202.90 Crores. The company's order book position as of April 1, 2026, stood at ₹2,643.39 Crores, a 91% increase YoY. The board also recommended a final dividend of ₹0.25 per equity share and noted the allotment of 2,14,368 Equity Shares pursuant to ESOPs.

Lloyds Engineering Works Ltd reported a 54% increase in consolidated revenue for FY26, reaching ₹1,301.14 Cr compared to ₹845.74 Cr in the previous year. EBITDA grew by 50% to ₹239.07 Cr, and PBT increased by 44% to ₹202.90 Cr. The company's order book position as of April 1, 2026, stood at ₹2,643.39 Cr, a 91% increase YoY. Standalone revenue also saw a 39% rise to ₹1,052.22 Cr.

Lloyds Engineering Works Ltd's board approved the audited financial results for the year ended March 31, 2026. Consolidated revenue grew by approximately 54% to ₹1,301.14 Crores, with EBITDA up by 50% to ₹239.07 Crores and PBT increasing by 44% to ₹202.90 Crores. The company's order book position as of April 1, 2026, stood at ₹2,643.39 Crores, a 91% increase YoY. The board also recommended a final dividend of ₹0.25 per equity share and noted the allotment of 2,14,368 Equity Shares pursuant to the exercise of ESOPs.

Lloyds Engineering Works Ltd has announced that its Board of Directors will convene on Tuesday, May 5, 2026. The key agenda items for this meeting include the consideration and approval of the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. Furthermore, the board will also discuss and potentially recommend a final dividend for the Financial Year 2025-26. In compliance with regulations, the trading window for designated persons and their immediate relatives remains closed from March 27, 2026, and will reopen 48 hours after the financial results are declared, specifically on May 7, 2026.

Lloyds Engineering Works Ltd has announced the closure of its trading window for the quarter and year ended March 31, 2026. This closure is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The trading window will remain closed from April 01, 2026, till 48 hours after the conclusion of the Board Meeting scheduled for considering the Audited Financial Results for the same period. Designated persons and their relatives are advised not to trade in the securities/shares of the company during this period.

Lloyds Engineering Works Ltd held an Extra Ordinary General Meeting (EGM) on March 27, 2026, where all resolutions were passed by the members with a special resolution. The meeting was conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM) and facilitated remote e-voting from March 23 to March 26, 2026. The company appointed Mr. Vinay Kumar Tripathi as an Independent Director.

Lloyds Engineering Works Ltd has appointed Mr. Vinay Kumar Tripathi and Mr. Apurva Chandra as Independent Directors for a period of five consecutive years. The company has also proposed the appointment of Mr. Balasubramaniam Prabhakaran as a Non-Executive Non-Independent Director, subject to shareholder approval. The appointments were approved in the Extra Ordinary General Meeting held on March 27, 2026. Mr. Tripathi is a retired Chairman of Railway Board & CEO, Ministry of Railways, while Mr. Chandra is an Indian Administrative Service (IAS) officer with over 36 years of experience in public administration. The company has provided detailed disclosures as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.