Meeting Details

The Extra Ordinary General Meeting of Lloyds Engineering Works Limited was held on Wednesday, July 15, 2026 at 11:00 a.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting concluded at 11:15 a.m.

Remote E-Voting Period

The remote e-voting facility was available from 9:00 a.m. on July 10, 2026 until 5:00 p.m. on July 14, 2026. Additional e-voting was available during the EGM and for 15 minutes after the meeting.

Attendance

Directors and Key Managerial Personnel present included: Mr. Kishor Kumar Mohanlal Pradhan (Independent Director), Mr. Rajashekhar Mallikarjun Alegavi (Non-Executive Director), Mr. Lakshman Ananthsubramanian (Independent Director), Mr. Ashok Tandon (Director), Mr. Vinay Kumar Tripathi (Independent Director), Mr. Balasubramanian Prabhakaran (Non-executive Director), Mrs. Bela Rajan (Independent Director), Mrs. Alka Upadhyay (Independent Director), and Ms. Rahima Shaikh (Company Secretary & Compliance Officer).

Representatives of Statutory Auditors S.Y. Lodha and Associates Chartered Accountants and Scrutinizer Mr. Harshvardhan Tarkas, Practicing Company Secretary, were also present.

Resolutions Considered

Two special resolutions were put to vote:

1. Resolution 1: Acquisition of controlling stake in Steel Infra Solutions Company Limited by way of swap of Equity Shares through Preferential Allotment for consideration other than cash

2. Resolution 2: Issue of Equity Shares on Preferential basis for Cash consideration

Voting Results

Resolution 1 - Acquisition via Share Swap

  • Total Votes Polled: 921,529,205 shares (63.0695% of outstanding shares)
  • Votes in Favor: 919,563,156 shares (99.7867% of votes polled)
  • Votes Against: 1,966,049 shares (0.2133% of votes polled)
  • Result: Passed

Category-wise Breakdown for Resolution 1:

  • Promoter and Promoter Group: 620,410,542 shares voted (100% participation), 100% in favor
  • Public Institutions: 24,970,216 shares voted (71.5761% participation), 92.2056% in favor, 7.7944% against
  • Public Non-Institutions: 276,148,447 shares voted (34.2686% participation), 99.9928% in favor, 0.0072% against

Resolution 2 - Preferential Issue for Cash

  • Total Votes Polled: 921,528,041 shares (63.0695% of outstanding shares)
  • Votes in Favor: 919,567,262 shares (99.7872% of votes polled)
  • Votes Against: 1,960,779 shares (0.2128% of votes polled)
  • Result: Passed

Category-wise Breakdown for Resolution 2:

  • Promoter and Promoter Group: 620,410,542 shares voted (100% participation), 100% in favor
  • Public Institutions: 24,970,216 shares voted (71.5761% participation), 92.2056% in favor, 7.7944% against
  • Public Non-Institutions: 276,147,283 shares voted (34.2685% participation), 99.9948% in favor, 0.0052% against

Scrutinizer's Report

Mr. Harshvardhan Tarkas, Practicing Company Secretary (ACS: 30701), was appointed as Scrutinizer. The scrutinizer's report confirmed:

For Resolution 1:

  • 497 members voted in favor representing 99.7867% of valid votes
  • 20 members voted against representing 0.2133% of valid votes
  • No invalid votes

For Resolution 2:

  • 487 members voted in favor representing 99.7872% of valid votes
  • 26 members voted against representing 0.2128% of valid votes
  • No invalid votes

Cut-off Date

The voting rights were reckoned as on Wednesday, July 8, 2026, being the cut-off date for determining shareholder entitlements.

Voting Agency

National Securities Depository Limited (NSDL) was appointed as the agency for providing the e-voting platform.