Meeting Details

  • Meeting Type: 40th Annual General Meeting
  • Date: Thursday, 09th July, 2026
  • Time: 11:00 A.M. (IST)
  • Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at A-2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel, Mumbai, Maharashtra, 400013

Ordinary Business

Item 1: Adoption of Audited Standalone Financial Statements

  • To receive, consider and adopt audited standalone financial statements for FY ended 31st March, 2026
  • Includes reports of Board of Directors and Auditors
  • Ordinary Resolution required

Item 2: Adoption of Audited Consolidated Financial Statements

  • To receive, consider and adopt audited consolidated financial statements for FY ended 31st March, 2026
  • Includes report of Auditors
  • Ordinary Resolution required

Item 3: Reappointment of Mr. Babulal Agarwal as Managing Director

  • Mr. Babulal Agarwal (DIN: 00029389) retires by rotation
  • Seeking reappointment as Managing Director liable to retire by rotation
  • Ordinary Resolution required

Item 4: Declaration of Final Dividend for FY 2025-26

  • Final dividend recommended: ₹0.05 (5%) per equity share of face value ₹1 each
  • Pro-rata dividend on partly paid-up equity shares
  • Subject to deduction of tax at source
  • Ordinary Resolution required
  • Record Date: Thursday, 02nd July, 2026
  • Book Closure: Friday, 03rd July 2026 to Thursday, 09th July 2026
  • Payment Date: On or after Wednesday, 15th July 2026

Item 5: Appointment of Statutory Auditors

  • Appointment of M/s. V.K. Beswal & Associates, Chartered Accountants (Firm Registration No. 101083W)
  • Term: 5 consecutive years from conclusion of 40th AGM to conclusion of 45th AGM in 2031
  • Remuneration: ₹2,50,000 for FY 2026-27 (exclusive of taxes and out-of-pocket expenses)
  • Replaces M/s. Todarwal & Todarwal LLP completing their second term
  • Ordinary Resolution required

Special Business

Item 6: Reappointment of Mr. Sandeep Suhas Aole as Non-Executive Independent Director

  • Mr. Sandeep Suhas Aole (DIN: 01786387)
  • Current term expires: 26th May 2027
  • Seeking second term: 27th May 2027 to 26th May 2032
  • Entitled to sitting fees, commission and expense reimbursement
  • Special Resolution required

Item 7: Revision of Remuneration of Mr. Babulal Agarwal

  • Mr. Babulal Agarwal (DIN: 00029389), Chairman & Managing Director
  • Current remuneration: ₹1,50,00,000 per annum (FY 2025-26)
  • Revised remuneration effective 01-Apr-2026:
  • Salary: ₹1,80,00,000 per annum
  • Contribution to Provident Fund and Superannuation Fund as per company rules
  • Gratuity payable at half month's salary for each completed year of service
  • Leave encashment as per company rules
  • Approval sought under Schedule V for payment in absence/inadequacy of profits
  • Special Resolution required

Item 8-14: Material Related Party Transactions

Shareholder approval sought for material related party transactions with aggregate values:

1. Lloyds Engineering Works Limited: ₹200 crores

2. Lloyds Metals and Energy Limited: ₹500 crores

3. Lloyds Realty Developers Limited: ₹500 crores

4. Indrajit Properties Private Limited: ₹200 crores

5. Lloyds Infrastructure & Construction Limited: ₹200 crores

6. Lloyds Realty Limited: ₹1,000 crores

7. Simon Developers & Infrastructure Private Limited: ₹300 crores

Total Aggregate Value: ₹3,100 crores

Transaction Period: From 40th AGM until 41st AGM in 2027

Nature of Transactions: Purchase/sale of goods, loans/advances, investments, borrowings, guarantees, indemnities, comfort letters

Conditions: Arm's length basis, ordinary course of business

All transactions approved by Audit Committee on 09th February 2026

Financial Information (FY 2025-26)

Standalone Financials:

  • Total Income: ₹812.09 crores (Previous: ₹626.76 crores)
  • Total Expenditure: ₹501.07 crores (Previous: ₹608.45 crores)
  • Profit Before Tax: ₹311.02 crores (Previous: ₹18.31 crores)
  • Net Profit After Tax: ₹268.09 crores (Previous: ₹16.43 crores)

Consolidated Financials:

  • Total Income: ₹2,183.71 crores (Previous: ₹1,570.93 crores)
  • Total Expenditure: ₹1,711.10 crores (Previous: ₹1,407.78 crores)
  • Profit Before Tax: ₹472.61 crores (Previous: ₹163.15 crores)
  • Exceptional Items: (₹4.09) crores
  • Net Profit After Tax: ₹374.53 crores (Previous: ₹126.31 crores)

Voting Arrangements

  • Remote e-voting period: 04-Jul-2026 (9:00 AM) to 08-Jul-2026 (5:00 PM)
  • Cut-off date: 02-Jul-2026
  • Scrutinizer: Mitesh Shah (M/s. Mitesh Shah & Co., Company Secretaries)
  • E-voting service provider: NSDL

Additional Information

  • Notice available on company website: www.lloydsenterprises.in
  • RTA: Bigshare Services Private Limited
  • Dividend payment through electronic mode as mandated by SEBI
  • Unclaimed dividends for 7 years will be transferred to IEPF