Meeting Details

  • Meeting Type: 40th (Fortieth) Annual General Meeting (AGM)
  • Date of Meeting: Thursday, 09th July, 2026
  • Time of Meeting: 11:00 A.M. (IST)
  • Mode of Meeting: Held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Record Date: Thursday, 02nd July, 2026
  • Total Shareholders on Record Date: 71,329

Summary of Proposed Resolutions and Outcomes

All 14 resolutions proposed in the AGM notice were passed with the requisite majority. The resolutions are categorized as follows:

Ordinary Businesses

1. Adoption of Standalone Financial Statements: To receive, consider, and adopt the audited standalone financial statement for FY ended 31st March 2026 with reports of the Board and Auditors. (Ordinary Resolution - Passed)

2. Adoption of Consolidated Financial Statements: To receive, consider, and adopt the audited consolidated financial statement for FY ended 31st March 2026 with the Auditors' report. (Ordinary Resolution - Passed)

3. Appointment of Managing Director: To appoint Mr. Babulal Agarwal (DIN: 00029389) as a Managing Director liable to retire by rotation. Promoters were interested in this resolution. (Ordinary Resolution - Passed)

4. Declaration of Final Dividend: To declare a Final Dividend for the financial year ended 31st March 2026. (Ordinary Resolution - Passed)

5. Appointment of Statutory Auditors: To appoint M/s. V. K. Beswal & Associates, Chartered Accountants (Firm Registration No. 101083W) as Statutory Auditors. (Ordinary Resolution - Passed)

Special Businesses

6. Re-appointment of Independent Director: Re-appointment of Mr. Sandeep Suhas Aole (DIN: 01786387) as a Non-Executive Independent Director. (Special Resolution - Passed)

7. Revision of Remuneration: To approve the revision of remuneration of Mr. Babulal Agarwal (DIN: 00029389), Chairman & Managing Director. Promoters were interested. (Special Resolution - Passed)

8. Material RPT with Lloyds Engineering Works Limited: To approve material related party transactions. Promoters were interested. (Ordinary Resolution - Passed)

9. Material RPT with Lloyds Metals and Energy Limited: To approve material related party transactions. Promoters were interested. (Ordinary Resolution - Passed)

10. Material RPT with Lloyds Realty Developers Limited: To approve material related party transactions. Promoters were interested. (Ordinary Resolution - Passed)

11. Material RPT with Indrajit Properties Private Limited: To approve material related party transactions. Promoters were interested. (Ordinary Resolution - Passed)

12. Material RPT with Lloyds Infrastructure & Construction Limited: To approve material related party transactions. Promoters were interested. (Ordinary Resolution - Passed)

13. Material RPT with Lloyds Realty Limited: To approve material related party transactions. Promoters were interested. (Ordinary Resolution - Passed)

14. Material RPT with Simon Developers & Infrastructure Private Limited: To approve material related party transactions. Promoters were interested. (Ordinary Resolution - Passed)

Voting Process

The company provided e-voting facilities to members as mandated.

  • Remote E-Voting: Managed by National Securities Depository Limited (NSDL). The voting period commenced on Saturday, 04th July 2026 at 9:00 A.M. (IST) and ended on Wednesday, 08th July 2026 at 5:00 P.M. (IST).
  • E-Voting during AGM: E-voting was also conducted during the AGM held on 09th July 2026.
  • Scrutinizer: M/s. Mitesh Shah & Co., Practicing Company Secretaries, Mumbai, was appointed to scrutinize the entire e-voting process in a fair and transparent manner.

Key Voting Outcomes

Overall Participation

  • Total Shareholders on Record Date: 71,329
  • Shareholders Present through VC/OAVM: 77 (Promoter & Group: 8; Public: 69)
  • Total Number of Resolutions: 14

Detailed Voting Breakdown for Select Resolutions

  • Resolution 1 (Adoption of Standalone Financials - Ordinary):
  • Total Votes Polled: 111,534,869 (74.206% of outstanding shares)
  • Votes in Favour: 111,534,8603 (100.0000% of votes polled)
  • Votes Against: 96 (0.0000% of votes polled)
  • Promoter & Group: 100% voted in favour (95,741,992 shares, 100% participation).
  • Public Institutions: 100% voted in favour (1,998,841 shares, 16.7436% participation).
  • Public Non-Institutions: 99.9999% voted in favour (155,929,840 votes for; 96 against; 29.2175% participation).
  • Resolution 2 (Adoption of Consolidated Financials - Ordinary):
  • Total Votes Polled: 111,534,2699 (74.2056% of outstanding shares)
  • Votes in Favour: 111,382,7603 (99.8642% of votes polled)
  • Votes Against: 1,515,096 (0.1358% of votes polled)
  • Promoter & Group: 100% voted in favour (95,741,992 shares, 100% participation).
  • Public Institutions: 24.2061% voted in favour (483,841 votes for; 1,515,000 against; 16.7436% participation).
  • Public Non-Institutions: 99.9999% voted in favour (155,923,840 votes for; 96 against; 29.2164% participation).
  • Resolution 4 (Final Dividend - Ordinary):
  • Total Votes Polled: 111,540,8992 (74.2100% of outstanding shares)
  • Votes in Favour: 111,540,8896 (100.0000% of votes polled)
  • Votes Against: 96 (0.0000% of votes polled)
  • Resolution 8 (RPT with Lloyds Engineering - Ordinary):
  • Total Votes Polled (Excluding Interested Promoters): 157,989,070 (10.5113% of outstanding shares)
  • Votes in Favour: 156,034,324 (98.7627% of votes polled)
  • Votes Against: 1,954,746 (1.2373% of votes polled)
  • Public Institutions: 5.0759% voted in favour (104,520 votes for; 1,954,614 against; 17.2486% participation).
  • Public Non-Institutions: 99.9999% voted in favour (155,929,804 votes for; 132 against; 29.2175% participation).
  • Resolution 7 (Remuneration Revision - Special):
  • Total Votes Polled (Excluding Interested Promoters): 157,989,070 (10.5113% of outstanding shares)
  • Votes in Favour: 157,988,203 (99.9995% of votes polled)
  • Votes Against: 867 (0.0005% of votes polled)

Scrutinizer's Report

M/s. Mitesh Shah & Co. submitted their combined report on Remote E-Voting & E-Voting dated 10th July 2026. The scrutinizer confirmed that the notice was sent, the process was conducted via NSDL, and all resolutions were passed with the requisite majority. The vote details in their report align with the breakdown provided. The records were handed over to the Company Secretary for safekeeping.

Compliance Confirmation

The disclosure confirms compliance with Regulation 44(3) of the SEBI LODR Regulations, 2015, and Section 108 of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, and relevant MCA circulars.

Availability of Documents

The Voting Results and Scrutinizer's Report are available on the websites of the BSE (www.bseindia.com), NSE (www.nseindia.com), and the company (www.lloydsenterprises.in).