Lloyds Metals And Energy Limited — Others, 30-05-2025: Giving guarantees/indemnity/ becoming a surety for third party

The company has announced a board meeting approving a strategic acquisition of at least 26% stakes in Hexa Energy MH3 (wind) and Hexa Energy W2 (solar) for up to Rs. 10 Cr and Rs. 12 Cr respectively, boosting its captive renewable energy capacity and lowering reliance on external power. It also approved a corporate guarantee of up to USD 30 million for credit facilities to a step-down subsidiary SPV. Additionally, an incremental investment of up to Rs. 27 Cr has been sanctioned in HR Godavari, an SPV with Hinduja Renewables, to enhance captive power consumption flexibility.