Lloyds Metals And Energy Limited — Others, 09-05-2025: Shareholders meeting

Lloyds Metals and Energy Limited has announced a board meeting to discuss the financial results for the quarter and half-year. It proposes a final dividend of ₹1 per equity share for FY 2024-25, subject to shareholder approval. The company is expanding iron ore mining capacity from 10 to 55 MTPA and is close to completing a 1.2 MTPA wire rod mill, with plans for a 3 MTPA integrated steel plant. The acquisition of Thriveni Earthmovers’ MDO business aims to boost mining efficiency and earnings. LMEL reported consolidated revenue of ₹6,772.62 Cr and PAT of ₹1,449.93 Cr, showing steady growth. New independent directors and a company secretary have also joined, supporting governance and a low-cost steel strategy.