Meeting Details

The postal ballot process does not involve a physical meeting. The resolutions will be deemed to be passed on the last date specified for remote e-voting, which is Saturday, 12th December 2026. The cut-off date for determining eligible voters is Friday, 6th November 2026.

Proposed Resolutions and Implications

1. Approval under Section 180(1)(a) of Companies Act, 2013

Special Resolution to authorize the Board to sell, lease, dispose of, mortgage, hypothecate, pledge, or create charge on all or any part of the company's present and future assets to secure borrowing facilities. The aggregate indebtedness secured shall not exceed the limits approved under Section 180(1)(c).

2. Approval for Overall Borrowing Limits under Section 180(1)(c)

Special Resolution to authorize borrowing of money exceeding the aggregate of paid-up share capital, free reserves, and securities premium. The total amount borrowed shall not exceed Rs. 10,000,00,00,000 (Rupees Ten Thousand Crores) or the aggregate of paid-up capital and free reserves, whichever is higher. This supersedes the previous limit of Rs. 3,000 crore approved on 16th May 2026.

3. Approval to Advance Loan/Give Guarantee/Provide Security under Section 185

Special Resolution to authorize granting loans, guarantees, or providing security to entities where directors are interested, for an aggregate amount not exceeding Rs. 5,000,00,00,000 (Rupees Five Thousand Crores). This supersedes the previous limit of Rs. 1,000 crore approved on 9th January 2026. Mr. Babulal Agarwal and Mr. Rajesh Gupta and their relatives are interested in this resolution.

4. Approval under Section 186 for Loans, Investments, and Guarantees

Special Resolution to authorize giving loans, guarantees, and acquiring securities of other body corporates exceeding prescribed limits. The aggregate shall not exceed the higher of (a) 60% of paid-up capital and free reserves or 100% of free reserves, or (b) Rs. 10,000,00,00,000 (Rupees Ten Thousand Crores). This supersedes the previous limit of Rs. 5,000 crore approved on 16th May 2026.

5. Approval of Material Related Party Transaction with Crosslink Food and Farms

Ordinary Resolution under Regulation 23 of SEBI LODR to enter into material related party transactions with Crosslink Food and Farms Private Limited involving funding through inter-corporate loans, borrowings, advances, guarantees, or security provision for an aggregate amount not exceeding Rs. 3,000,00,00,000 (Rupees Three Thousand Crores). This supersedes previous approval dated 9th January 2026. Mr. Babulal Agarwal and Mr. Rajesh Gupta and their relatives are interested in this resolution.

Voting Process and Methods

The company has engaged NSDL for providing e-voting facility. The remote e-voting period commences at 09:00 AM IST on Friday, 13th November 2026 and ends at 05:00 PM IST on Saturday, 12th December 2026. The e-voting event number (EVEN) is 143505.

Voting rights shall be in proportion to shares held as of the cut-off date (6th November 2026). Members can vote through:

  • NSDL e-Voting website: www.evoting.nsdl.com
  • Through demat account with NSDL or CDSL
  • Using NSDL Mobile App "NSDL Speede"

Physical copies of the notice and ballot form are not being sent. The communication is only through electronic mode to members with registered email addresses.

Scrutinizer Appointment and Role

Mr. Mitesh Shah, Partner of Mitesh Shah & Co., Practicing Company Secretary (FCS No. 10070 and CP No. 12891), has been appointed as Scrutinizer to scrutinize the remote e-voting process in a fair and transparent manner. The Scrutinizer will submit his report to the Chairman after completion of scrutiny, and the results will be announced within 2 working days from the conclusion of e-voting.

Compliance with Laws and Regulations

The postal ballot is conducted in compliance with:

  • Sections 102, 108, 110 of the Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: 14/2020, 17/2020, 09/2023, 09/2024, 03/2025
  • SEBI Master Circular reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026
  • Secretarial Standard on General Meetings (SS-2)

Related parties are restricted from voting on resolutions at Item Nos. 3 & 5 as per SEBI LODR regulations.

Additional Information

The postal ballot notice is available on the company's website (www.lloydsenterprises.in), BSE website (www.bseindia.com), NSE website (www.nseindia.com), and NSDL website (www.evoting.nsdl.com).

The Registrar and Share Transfer Agent is Bigshare Services Private Limited, Office No S6-2, 6th Floor, Pinnacle Business Park, next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai-400093 (Email: investor@bigshareonline.com).