Lloyds Metals And Energy Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting
12-08-2025 | 09:20 pm
12-08-2025 | 09:20 pm
Lloyds Metals & Energy announced robust Q1 FY25 consolidated financial results, with Profit After Tax reaching ₹641.59 Cr and revenue at ₹2,377.03 Cr. The board approved strategic acquisitions, including a 49.99% stake in Thriveni Pellets for ₹495.70 Cr (cash & share swap) to boost pellet production, and a 19.40% stake in Mandovi River Pellets for ₹16.49 Cr. The company also plans to raise up to ₹2,500 Cr via Non-Convertible Debentures and establish a wholly-owned subsidiary in Dubai with a ~₹597 Cr capital outlay to expand globally. An Extraordinary General Meeting is scheduled for September 11, 2025, for shareholder approvals. #LloydsMetals #Q1FY25 #Acquisitions #Fundraising #Expansion
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