Lloyds Metals And Energy Limited — Others, 24-10-2024: Monitoring Agency Report

Lloyds Metals and Energy Limited provided a Monitoring Agency Report for Q3 2024, confirming no deviations in utilizing proceeds from their Qualified Institutional Placement and Preferential Issue. The report details the funding for a new pellet plant and general corporate purposes. All plans are on track, with no major issues affecting viability, and investments are being managed according to regulations. QIP proceeds of ₹1,218 crores and preferential issue proceeds of ₹2,960 crores are being utilized as planned.