Lloyds Metals And Energy Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 09:23 pm
12-08-2025 | 09:23 pm
Lloyds Metals & Energy Board approved strong Q1FY26 consolidated financials: PAT Rs. 641.59 Cr, EPS Rs. 12.12. Strategic growth initiatives include acquiring 49.99% of Thriveni Pellets for Rs. 495.70 Cr to boost production, and 19.40% of Mandovi River Pellets for Rs. 16.49 Cr. Fundraising plans include up to Rs. 2,500 Cr via NCDs and a Rs. 149.11 Cr raise from warrant conversions. The company is also setting up a Dubai subsidiary (Rs. 597 Cr outlay) for global expansion. New independent directors appointed. EGM on Sep 11 for shareholder nod.
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