Lloyds Metals And Energy Limited — Results, 05-05-2026: Financial Results Updates

Lloyds Metals and Energy has announced a board meeting that approved the financial results for the quarter and financial year ended March 31, 2026. The Board also approved a final dividend of Re. 1 per share (100%) for FY 2025-26, pending shareholder approval. Strategic decisions include the issuance of Non-Convertible Debentures of up to Rs. 700 Crore via private placement and an enabling approval for NCDs up to Rs. 2,500 Crore. Additionally, its subsidiary will acquire a 100% equity stake in a Papua New Guinea entity, Lloyds Panguna Metals and Energy Limited, to pursue a long-term mining agreement for the Panguna Mine. The Board also endorsed the re-appointment of two Independent Directors.