AGM Details

  • Date: Friday, 21st August 2026
  • Time: 11:30 A.M. (IST)
  • Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM) only - no physical attendance
  • Cut-off Date: Friday, 14th August 2026 for determining members entitled to vote

Dividend Information

  • Final Dividend: 25% (25 paise per share) on fully paid-up equity shares of face value Re. 1 each
  • Partly Paid-up Shares: 12.50% dividend on proportionate basis
  • Record Date: Friday, 14th August 2026
  • Payment Date: On or after Friday, 18th September 2026
  • Register Closure: Saturday, 15th August 2026 to Thursday, 20th August 2026 (both inclusive)

Ordinary Business

1. Adoption of Financial Statements: To receive, consider, approve and adopt Audited Financial Statements (Standalone and Consolidated) for FY 2025-26 with reports of Board of Directors and Auditors

2. Dividend Declaration: To declare final dividend as specified above

3. Director Re-appointment: To appoint Mr. Rajashekhar Mallikarjun Alegavi (DIN: 03584302) who retires by rotation under Section 152(6) of Companies Act, 2013 and offers himself for re-appointment

Special Business

4. Ratification of Cost Auditors Remuneration

  • Cost Auditor: M/s. Manisha & Associates, Cost Accountants, Nagpur (Firm Registration No. 000321)
  • Financial Year: 2026-27 (ending 31st March 2027)
  • Remuneration: ₹55,000 (plus GST and reimbursement of out-of-pocket expenses)
  • Board Approval Date: 5th May 2026
  • Requirement: Pursuant to Section 148 of Companies Act, 2013

5. Approval of Technical Consultancy Fees to Non-Executive Director

  • Director: Mr. R.M. Alegavi (DIN: 03584302), Non-Executive Director
  • Amount: Not exceeding ₹2 Crore for FY 2026-27
  • Purpose: Technical consultancy services on project basis
  • Approval Type: Special Resolution required under SEBI LODR Regulation 17(6)(a)
  • Previous Approval: Supersedes special resolution passed in AGM held on 21st August 2025

6. Material Related Party Transaction with Lloyds Metals and Energy Limited

  • Related Party: Lloyds Metals and Energy Limited (LMEL)
  • Relationship: Common promoters - Mr. Mukesh Gupta (Chairman, Whole-time Director and Promoter of LEWL is also Director and Promoter of LMEL); Mr. Rajesh Gupta (Promoter of LEWL is Managing Director and Promoter of LMEL); Lloyds Enterprises Limited is common promoter
  • Transaction Value: Up to ₹5,250 Crore
  • Period: From 32nd AGM until 33rd AGM in 2027
  • Transaction Types:
  • Sale of Goods: ₹4,500 crore
  • Purchase of Goods: ₹200 crore
  • Availing Services: ₹100 crore
  • Rendering Services: ₹100 crore
  • Infrastructure Sharing: ₹50 crore
  • Sale of Assets: ₹100 crore
  • Purchase of Assets: ₹200 crore
  • Materiality: 403.49% of LEWL's annual consolidated turnover of ₹1,301.14 Crore for FY 2025-26
  • LMEL Financials (FY 2025-26): Turnover ₹16,822.43 Crore, PAT ₹3,828.64 Crore, Net Worth ₹13,870.89 Crore
  • Approval: Ordinary Resolution required

7. Material Related Party Transaction with Lloyds Enterprises Limited

  • Related Party: Lloyds Enterprises Limited (LEL)
  • Relationship: LEWL is subsidiary of LEL; LEL holds 49.26% equity share capital in LEWL (Direct and Indirect)
  • Transaction Value: Up to ₹200 Crore
  • Period: From 32nd AGM until 33rd AGM in 2027
  • Transaction Types:
  • Sale of machinery and equipment for steel processing
  • Purchase/sale of steel or other raw materials
  • Previous Transactions (FY 2025-26): Sale of goods ₹42.76 Crore, Capital Expenditure ₹0.03 Crore
  • Materiality: 15.37% of LEWL's annual consolidated turnover
  • LEL Financials (FY 2025-26): Turnover ₹1,756.29 Crore, PAT ₹416.96 Crore, Net Worth ₹4,142.59 Crore
  • Approval: Ordinary Resolution required

8. Increase in Threshold for Loans/Guarantees/Investments under Section 186

  • Current Limit: ₹1,000 Crore (approved on 29th August 2024)
  • Proposed Limit: ₹5,000 Crore
  • Purpose: To provide financial flexibility for loans, guarantees, securities provision, and investments in securities of other body corporates
  • Requirement: Special Resolution under Section 186 of Companies Act, 2013
  • Exceeds: 60% of paid-up capital + free reserves + securities premium account or 100% of free reserves + securities premium account

9. Increase in Borrowing Limits under Section 180(1)(c)

  • Current Limit: ₹1,000 Crore (approved on 29th August 2024)
  • Proposed Limit: ₹5,000 Crore (exclusive of temporary loans from bankers)
  • Purpose: To support business growth, capital expenditure, working capital requirements, strategic investments, and support to subsidiaries/joint ventures
  • Borrowing Sources: Banks, financial institutions, mutual funds, bodies corporate, external commercial borrowings, debt instruments
  • Requirement: Special Resolution under Section 180(1)(c) of Companies Act, 2013

E-Voting Arrangements

  • Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Mr. Harshvardhan Tarkas, Practicing Company Secretary (Membership No. A30701)
  • Remote E-Voting Period: Monday, 17th August 2026 (9:00 A.M. IST) to Thursday, 20th August 2026 (5:00 P.M. IST)
  • E-Voting during AGM: Available for members who haven't voted remotely
  • Voting Rights: Proportional to shareholding as on cut-off date (14th August 2026)

Document Availability

  • Electronic Distribution: To members with registered email addresses
  • Company Website: www.lloydsengg.in
  • NSDL Website: Available for access
  • Stock Exchange Websites: BSE (www.bseindia.com) and NSE (www.nseindia.com)

Key Dates and Deadlines

  • Question Submission: At least 7 days before AGM (by 14th August 2026)
  • Speaker Pre-registration: By 14th August 2026 (5:00 P.M. IST)
  • Dividend Payment: On or after 18th September 2026
  • Results Declaration: Within 2 working days of AGM conclusion

Registered Office Details

Plot No. A-5/5, MIDC Industrial Area, Murbad, District Thane – 421 401

Corporate Office Details

A-2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel (W), Mumbai – 400 013

Compliance Information

  • Company Secretary: Rahima Shaikh (ACS – 63449)
  • RTA: Bigshare Services Private Limited
  • Regulatory References: SEBI Circulars dated December 9, 2020; MCA General Circulars permitting VC/OAVM meetings

Financial Impact

All resolutions have explicit financial implications as detailed in the respective resolution descriptions. The related party transactions represent significant financial commitments, while the borrowing and investment limit increases provide enhanced financial flexibility.