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Lloyds Metals & Energy is into the business of manufacturing of Sponge Iron, Power generation and mining activities.
Company acquired an additional 12.27% stake in Hexa Energy MH3 Private Limited for Rs. 3.15 Cr. This increases its total holding to 29.72%, surpassing the earlier stated goal of at least 26% ownership.
Lloyds Metals & Energy announced its 49th Annual General Meeting will be held virtually. The Integrated Annual Report for FY25-26 is available online for shareholders. Members will review and potentially approve a final dividend.
Lloyds Metals & Energy commissioned its second 4 MTPA pellet plant at Konsari in record time, boosting total own capacity to 8 MTPA. This strengthens its integrated value chain, enables premium pellet production, and solidifies its position among top merchant players.
Lloyds Metals & Energy (LMEL) commenced commercial production of copper cathodes from its 12,000 TPA plant in the DRC. This marks LMEL's strategic entry into the global copper value chain, diversifying its metals portfolio with significant production ramp-up potential.
Lloyds Metals & Energy appointed ACER Credit Rating as Monitoring Agency. They will oversee utilization of funds raised via Preferential Warrants Issue, ensuring proper deployment of capital.