Lloyds Engineering Works received NOCs from BSE and NSE for a merger scheme absorbing three unlisted companies.
SEBI mandated extensive disclosures including financials, legal proceedings, and shareholder classification for NCLT filing.
The observation letters are valid for six months from May 18-19, 2026, to submit the scheme to NCLT.
The company must disclose asset/liability values, valuation reports, and pre/post-merger shareholding patterns.