Meeting Details

  • Type of Meeting: Postal Ballot (Remote E-Voting)
  • Record Date: 21st August, 2026
  • E-Voting Period: 27th August, 2026 (9:00 AM IST) to 25th September, 2026 (5:00 PM IST)
  • Results Deemed Approved: 25th September, 2026
  • Total Number of Shareholders on Record Date: 428,787

Proposed Resolutions and Implications

1. Ordinary Resolution: Approval of Material Related Party Transaction Limits between Lloyds Metals and Energy Limited (LMEL) and Techno Industries Private Limited (TIPL) - TIPL being Material Subsidiary

2. Ordinary Resolution: Approval of Material Related Party Transaction Limits between Lloyds Metals and Energy Limited (LMEL) and Metalfab Hightech Private Limited (MHPL) - MHPL being Material Subsidiary

3. Special Resolution: Variation in objects of Rights Issue mentioned in Letter of Offer dated April 19, 2025

4. Special Resolution: Increase in ESOP Pool under Employee Stock Option Scheme 2021

Voting Process and Methods

  • Voting Method: Remote e-voting exclusively through NSDL platform
  • Scrutinizer: Mr. Harshvardhan Tarkas (Membership No.: 30701, COP: 24169), Practicing Company Secretary
  • Notice Dispatch: Completed via email on 25th August, 2026
  • Advertisement Published: Business Standard (English) and Mumbai Lakshadeep (Marathi) on 25th August, 2026
  • NSDL e-voting module disabled after 5:00 PM IST on 25th September, 2026

Key Voting Outcomes

Resolution 1 (Ordinary - Related Party TIPL)

  • Total Valid Votes Cast: 307,067,918 shares (20.7888% of outstanding shares)
  • In Favor: 307,067,918 shares (99.9874%)
  • Against: 38,580 shares (0.0126%)
  • Number of Members Voted: 1,040 in favor, 29 against

Resolution 2 (Ordinary - Related Party MHPL)

  • Total Valid Votes Cast: 307,106,050 shares (20.7887% of outstanding shares)
  • In Favor: 307,067,518 shares (99.9875%)
  • Against: 38,532 shares (0.0125%)
  • Number of Members Voted: 1,038 in favor, 30 against

Resolution 3 (Special - Rights Issue Variation)

  • Total Valid Votes Cast: 927,509,634 shares (62.7853% of outstanding shares)
  • In Favor: 927,461,373 shares (99.9948%)
  • Against: 48,261 shares (0.0052%)
  • Number of Members Voted: 1,031 in favor, 43 against

Resolution 4 (Special - ESOP Pool Increase)

  • Total Valid Votes Cast: 927,530,517 shares (62.7867% of outstanding shares)
  • In Favor: 907,777,807 shares (97.8704%)
  • Against: 19,752,710 shares (2.1296%)
  • Number of Members Voted: 976 in favor, 105 against

Shareholder Category Breakdown

Promoter and Promoter Group Holdings

  • Total Shares: 620,410,542
  • Voting Participation: 100% for Resolution 4 (ESOP), 0% for other resolutions

Public Institutions Holdings

  • Total Shares: 36,251,277
  • Voting Participation: 73.5905% across all resolutions

Public Non-Institutions Holdings

  • Total Shares: 820,609,457
  • Voting Participation: ~34.17% across all resolutions

Scrutinizer's Role and Findings

Mr. Harshvardhan Tarkas was appointed to scrutinize the postal ballot process in a fair and transparent manner. His responsibilities included:

  • Scrutinizing the e-voting process based on reports generated from NSDL system
  • Preparing scrutinizer's report of votes cast for and against each resolution
  • Validating that votes were cast up to the close of working hours at 5:00 PM IST on 25th September, 2026
  • Confirming all resolutions passed with requisite majority

Compliance with Laws and Regulations

The process complied with:

  • Sections 108 and 110 of Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings (SS-2)
  • Results available on company website (www.lloydsengg.in) and NSDL website (www.evoting.nsdl.com)

Additional Information

  • Company CIN: L28900MH1994PLC081235
  • No invalid votes were cast in any resolution
  • Physical shareholders were provided e-voting facility
  • Detailed voting results by category available in Annexure A of scrutinizer's report