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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
61 announcements match the current filters (relevance ≥ 5).
Lloyds Engineering to Acquire 41.34% Stake in SISCOL via Rs 503.56 Cr Share Swap
Lloyds Engineering Works Limited is seeking shareholder approval to acquire a 41.34% controlling stake in Steel Infra Solutions Company Limited (SISCOL). The transaction will be a share swap, where Lloyds will issue up to 7,06,74,554 equity shares at a price of Rs 71.25 per share to SISCOL's existing shareholders. The total value of the preferential allotment is approximately Rs 503.56 crore. An Extra Ordinary General Meeting (EGM) is scheduled for July 15, 2026, with a record date of July 8, 2026, for voting eligibility.
Key Highlights
Acquisition of 1,67,85,210 shares (41.34% stake) in Steel Infra Solutions Company Limited (SISCOL).
Issuance of up to 7.07 crore equity shares at an issue price of Rs 71.25 per share.
Total transaction value for the preferential allotment is approximately Rs 503.56 crore.
Record date for EGM voting is July 8, 2026, with the meeting set for July 15, 2026.
The relevant date for pricing the issue was fixed as June 15, 2026.
👀 What to Watch
Investors should evaluate the strategic fit of SISCOL within Lloyds' portfolio and note the equity dilution resulting from the 7.07 crore new shares being issued.
Lloyds Engineering to Acquire 41.34% Stake in SISCOL via Rs 503.56 Cr Share Swap
Lloyds Engineering Works Limited (LLOYDSENGG) has announced an Extraordinary General Meeting (EGM) on July 15, 2026, to approve the acquisition of a 41.34% stake in Steel Infra Solutions Company Limited (SISCOL). The deal is structured as a share swap, where LLOYDSENGG will issue 7.06 crore equity shares at Rs 71.25 per share to SISCOL shareholders. The total transaction value is approximately Rs 503.56 crores, representing a significant strategic expansion into infrastructure solutions without cash outflow. The allotment includes high-profile investors such as Madhusudan Kela and Mohandas Pai, which may boost market confidence.
Key Highlights
Acquisition of 41.34% controlling stake in Steel Infra Solutions Company Limited (SISCOL) via share swap.
Issuance of up to 7,06,74,554 equity shares at a fixed price of Rs 71.25 per share (including Rs 70.25 premium).
Total transaction value of Rs 503,55,61,972.50 for consideration other than cash.
Marquee investors involved in the swap include MK Ventures (Madhusudan Kela) and Meridian Investment (Mohandas Pai).
Brickwork Ratings appointed as Monitoring Agency as the non-cash consideration exceeds Rs 100 crores.
👀 What to Watch
Investors should monitor the EGM outcomes and the subsequent integration of SISCOL, as this acquisition adds significant scale but involves equity dilution. The entry of veteran investors at Rs 71.25 provides a strong valuation benchmark for the stock.
Lloyds Engineering to Acquire 52.16% Stake in SISCOL for ₹635.40 Crore
Lloyds Engineering Works Limited (LEWL) has approved the acquisition of a 52.16% controlling stake in Steel Infra Solutions Company Limited (SISCOL) for ₹635.40 Cr. The transaction is structured as a mix of ₹131.85 Cr in cash and a share swap worth ₹503.56 Cr via preferential allotment at ₹71.25 per share. SISCOL is a heavy steel fabrication player with a FY26 turnover of ₹816.87 Cr and a net profit of ₹43.42 Cr. The deal includes a strategic roadmap to list SISCOL via an IPO within 30 months of completion.
Key Highlights
Acquisition of 52.16% stake in SISCOL for ₹635.40 Cr, making it a subsidiary of LEWL.
Total group acquisition (including holding company and LLP) reaches 88.12% for a total of ₹1,073.40 Cr.
Issuance of 7.07 crore equity shares at ₹71.25 per share as part of the non-cash consideration for the swap.
SISCOL brings significant capacity with 100,000 MT per annum production across six manufacturing facilities.
Board approved increasing borrowing limits to ₹1,000 Cr and a ₹2.5 Cr investment in Lloyds Advance Defence Systems.
👀 What to Watch
This is a transformative acquisition that significantly scales LEWL's revenue and engineering capabilities; investors should monitor the EGM on July 15, 2026, for shareholder approval and the subsequent integration of SISCOL's high-margin infrastructure business.
Lloyds Engineering to acquire 52.16% stake in SISCOL for INR 635.40 Crores
Lloyds Engineering Works Limited (LEWL) has announced the acquisition of a controlling 52.16% stake in Steel Infra Solutions Company Limited (SISCOL) for INR 635.40 Cr. The total group acquisition (including the holding company and an LLP) stands at 88.12% for INR 1,073.40 Cr. LEWL will pay for its stake through INR 131.85 Cr in cash and a share swap worth INR 503.56 Cr by issuing 7.06 Cr shares at INR 71.25 each. SISCOL is a profitable entity with FY26 turnover of Rs 816.87 Cr and PAT of Rs 43.42 Cr, specializing in heavy steel fabrication.
Key Highlights
Acquisition of 52.16% stake in SISCOL for INR 635.40 Cr, making it a subsidiary of LEWL.
Consideration includes a preferential issue of 7,06,74,554 equity shares at a price of INR 71.25 per share.
SISCOL reported strong FY26 financials with revenue of Rs 816.87 Cr and Net Profit of Rs 43.42 Cr.
Strategic roadmap includes a commitment to file for an IPO/listing of SISCOL within 30 months.
Board approved an increase in borrowing limits to Rs 1,000 Cr to support future capital requirements.
👀 What to Watch
This is a significant inorganic growth move that adds scale and complementary capabilities; investors should monitor the EGM on July 15, 2026, for approval and subsequent integration synergies.
Lloyds Engineering to Acquire SISCOL for ₹1,073 Cr; Targets ₹10,000 Cr Revenue by FY30
Lloyds Engineering Works Limited (LEWL) has announced the acquisition of Steel Infra Solutions Company Limited (SISCOL) for a total consideration of ₹1,073 crores, implying an equity valuation of ₹1,220 crores. SISCOL is a profitable entity with FY26 revenue of ₹817 crore, PAT of ₹44 crore, and an order book of ₹1,134 crore. The acquisition, funded via a preferential issue and cash, aims to scale LEWL's revenue from the current ₹3,000+ crore to over ₹10,000 crore by FY29/30. This move integrates structural steel design and fabrication into LEWL's existing EPC and manufacturing portfolio.
Key Highlights
Acquisition of SISCOL for ₹1,073 crores to create an integrated engineering, structural fabrication, and EPC platform.
SISCOL brings a robust financial profile with FY26 EBITDA of ₹92 crore and a ₹1,134 crore order book.
Combined structural fabrication capacity to reach 150,000 MTPA immediately, with a roadmap to 200,000 MTPA.
LEWL management targets a revenue milestone of ₹10,000+ crore by FY29/30, up from ~₹3,000 crore currently.
Retention of SISCOL leadership, including industry veteran Ravi Uppal (ex-L&T, ABB), ensuring management continuity.
👀 What to Watch
Investors should look favorably on this synergistic acquisition which significantly expands LEWL's capacity and market reach in the infrastructure sector. Monitor the specific pricing of the preferential issue to assess equity dilution against the projected earnings accretion.
Lloyds Engineering to Acquire SISCOL for ₹1,073 Cr; Targets ₹10,000 Cr Revenue by FY30
Lloyds Engineering Works Limited (LEWL) has announced the acquisition of Steel Infra Solutions Company Limited (SISCOL) for a total consideration of ₹1,073 crores, funded through cash and a preferential issue of shares. This acquisition transforms LEWL into a fully integrated engineering, fabrication, and EPC platform, combining its manufacturing strength with SISCOL's structural steel expertise. SISCOL is a profitable entity with FY26 revenue of ₹817 crore and an order book of ₹1,134 crore. The management has set an ambitious target to exceed ₹10,000 crore in annual revenue by FY29/30, leveraging India's infrastructure boom.
Key Highlights
Acquisition of SISCOL for ₹1,073 crores, implying an equity valuation of ₹1,220 crores.
LEWL's current revenue has grown from ₹80 crore in FY19 to over ₹3,000 crore with an ₹8,000 crore order book.
SISCOL reported FY26 EBITDA of ₹92 crore and PAT of ₹44 crore with a robust order book of ₹1,134 crore.
Combined structural fabrication capacity to expand from 150,000 MTPA to 200,000 MTPA.
Strategic roadmap to achieve ₹10,000+ crore revenue by FY29/30 through integrated EPC and infrastructure solutions.
👀 What to Watch
Investors should look favorably upon this acquisition as it is immediately accretive to earnings and significantly expands the company's addressable market. Monitor the upcoming details of the preferential issue for potential equity dilution versus the long-term growth value created.
LEWL to Acquire SISCOL for ₹1,073 Cr; Targets ₹10,000 Cr Revenue by FY30
Lloyds Engineering Works Limited (LEWL) has announced the acquisition of Steel Infra Solutions Company Limited (SISCOL) for a total consideration of ₹1,073 crores, funded via cash and equity. This acquisition integrates SISCOL's structural steel expertise with LEWL's EPC capabilities, creating a platform to target ₹10,000+ crore revenue by FY29/30. SISCOL brings a strong financial profile with FY26 revenue of ₹817 crore and an order book of ₹1,134 crore. Additionally, LEWL will raise funds through a preferential issue of shares to support this strategic expansion.
Key Highlights
Acquisition of SISCOL for ₹1,073 crores, valuing the entity at an equity valuation of ₹1,220 crores.
SISCOL reported FY26 revenue of ₹817 crore, EBITDA of ₹92 crore, and PAT of ₹44 crore.
Combined structural fabrication capacity to expand to 200,000 MTPA across 10+ manufacturing facilities.
LEWL aims to scale revenue from the current ₹3,000+ crore to over ₹10,000 crore by FY29/30.
Fundraising via preferential issue of shares to finance the acquisition and future growth initiatives.
👀 What to Watch
Investors should look favorably on this vertical integration which significantly expands LEWL's addressable market in infrastructure and defense. Monitor the pricing of the preferential issue and the company's ability to maintain margins while scaling toward the ₹10,000 crore revenue target.
Lloyds Engineering to acquire 52.16% stake in SISCOL for Rs 635.4 Cr via cash and share swap
Lloyds Engineering Works Limited (LEWL) has approved the acquisition of a 52.16% controlling stake in Steel Infra Solutions Company Limited (SISCOL) for Rs 635.40 crore. The acquisition is part of a larger group-level deal to acquire 88.12% of SISCOL for Rs 1,073.40 crore. LEWL will fund its portion through Rs 131.85 crore in cash and a preferential share swap worth Rs 503.56 crore at a price of Rs 71.25 per share. SISCOL is a high-growth entity with FY26 revenue of Rs 816.87 crore and a net profit of Rs 43.42 crore, specializing in heavy steel fabrication.
Key Highlights
Acquisition of 52.16% stake in SISCOL for Rs 635.40 crore, turning it into a subsidiary of LEWL.
SISCOL reported robust FY26 financials with a turnover of Rs 816.87 crore and PAT of Rs 43.42 crore.
Consideration includes a preferential issue of 7,06,74,554 equity shares at Rs 71.25 per share to SISCOL sellers.
Board approved increasing borrowing limits to Rs 1,000 crore to support expanded operations.
Strategic roadmap includes a commitment to file for an IPO/listing of SISCOL within 30 months of completion.
👀 What to Watch
Investors should look favorably on this acquisition as it significantly scales LEWL's revenue and adds high-capacity manufacturing (100,000 MT per annum). Monitor the upcoming EGM on July 15, 2026, for final shareholder approval.
Lloyds Engineering Receives NSE and BSE No-Objection for Merger of Three Entities
Lloyds Engineering Works Limited has received the 'No Objection Certificate' (NOC) from both NSE and BSE for its proposed merger by absorption of three entities: Lloyds Infrastructure & Construction, Metalfab Hightech, and Techno Industries. This regulatory clearance, received on May 18 and 19, 2026, follows the board's initial approval in December 2025. The company is now authorized to move forward with filing the scheme before the National Company Law Tribunal (NCLT). This merger is a significant step toward corporate consolidation and scaling operations.
Key Highlights
Received NOC from NSE on May 18, 2026, and BSE on May 19, 2026, for the merger scheme.
Three entities (LICL, MHPL, and TIPL) to be absorbed into Lloyds Engineering Works Limited.
The observation letter remains valid for six months to file the petition with the NCLT.
SEBI has mandated specific disclosures regarding the impact on revenue-generating capacity and cost-benefit analysis.
The merger remains subject to final approvals from shareholders, creditors, and the NCLT.
👀 What to Watch
Investors should review the upcoming explanatory statement for details on the valuation and share exchange ratios to assess the long-term value accretion. Monitor the NCLT timeline as the merger moves toward finalization.
Lloyds Engineering Receives CCI Approval for Merger of Three Entities
Lloyds Engineering Works Limited (LEWL) has received formal approval from the Competition Commission of India (CCI) for its proposed Scheme of Merger. The scheme involves the absorption of three entities: Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited into LEWL. This regulatory clearance under Section 31(1) of the Competition Act, 2002, is a critical milestone in the consolidation process. The merger is expected to streamline operations and integrate specialized engineering and infrastructure capabilities under the listed parent company.
Key Highlights
CCI approved the merger of LICL, MHPL, and TIPL into Lloyds Engineering Works Limited
Approval granted under Section 31(1) of the Competition Act, 2002
The merger follows Sections 230 to 232 of the Companies Act, 2013
Consolidation involves three distinct entities to enhance operational scale
The company has officially filed the intimation with BSE and NSE as of May 13, 2026
👀 What to Watch
Investors should view this as a significant regulatory de-risking event for the company's expansion plans. Monitor for subsequent NCLT approvals and details on the share exchange ratio to assess the final impact on equity dilution and synergy benefits.
Lloyds Engineering FY26 Proforma Revenue Hits ₹3,253 Cr; Order Book Reaches ₹8,335 Cr
Lloyds Engineering Works reported a massive jump in scale for FY26, with proforma revenue reaching ₹3,253.09 crore following the merger with LICL and other entities. The consolidated order book stands at a robust ₹8,335.15 crore, providing strong multi-year revenue visibility across infrastructure, engineering, and defence. Standalone Q4FY26 performance was also strong, with revenue surging 130.75% YoY to ₹411.86 crore. The company is successfully transitioning from a pure equipment manufacturer to a vertically integrated engineering and infrastructure solutions provider.
Key Highlights
Proforma FY26 revenue reached ₹3,253.09 crore with a PAT of ₹330.73 crore and EPS of ₹1.82.
Total group order book stands at ₹8,335.15 crore, led by the infrastructure segment at ₹5,691.76 crore.
Standalone Q4FY26 revenue grew 130.75% YoY to ₹411.86 crore, while PAT surged 130.69% to ₹38.94 crore.
Strategic merger with LICL creates a vertically integrated platform for design, manufacturing, and EPC execution.
Expanding into high-margin segments like Defence (UAVs, Naval systems) and Process Optimization via global tie-ups.
👀 What to Watch
Investors should view the massive order book and successful merger integration as strong indicators of future growth. Monitor the execution efficiency of the ₹5,691 crore infrastructure book and the ramp-up in high-margin defence contracts.
Lloyds Engineering FY26 Revenue Jumps 54% to ₹1,301 Cr; Order Book Surges 91%
Lloyds Engineering Works reported a robust 54% YoY growth in consolidated revenue to ₹1,301.14 Crores for FY26. The company's profitability saw significant gains, with EBITDA rising 50% to ₹239.07 Crores and PBT increasing 44% to ₹202.90 Crores. A massive 91% surge in the consolidated order book to ₹2,643.39 Crores provides strong revenue visibility, with plans to execute most orders within 15 months. Additionally, the Board recommended a final dividend of ₹0.25 per share.
Key Highlights
Consolidated Revenue grew 54% YoY to ₹1,301.14 Crores from ₹845.74 Crores in the previous year.
Consolidated EBITDA increased 50% YoY to ₹239.07 Crores, while PBT rose 44% to ₹202.90 Crores.
Order book position as of April 1, 2026, stands at ₹2,643.39 Crores, a 91% increase from ₹1,383.78 Crores YoY.
Recommended a final dividend of ₹0.25 (25%) per equity share of face value ₹1 for FY25-26.
Associate company Lloyds Infrastructure and Construction holds a massive order book of ₹5,681.76 Crores.
👀 What to Watch
Investors should take note of the significant order book expansion and the company's aggressive 15-month execution timeline, which suggests strong future earnings potential. The consistent dividend and high revenue growth make it a positive outlook for long-term holders.
Lloyds Engineering FY26 Revenue Up 54% to ₹1,301 Cr; ₹0.25 Dividend Declared
Lloyds Engineering Works reported a stellar FY26 performance with consolidated revenue growing 54% to ₹1,301.14 crore and EBITDA rising 50% to ₹239.07 crore. The company's consolidated order book witnessed a massive 91% jump to ₹2,643.39 crore, with plans to execute most of it within 15 months. A final dividend of ₹0.25 per share (25% of face value) has been recommended for shareholders. Furthermore, its associate company holds a substantial order book of ₹5,681.76 crore, indicating strong group-level momentum.
Key Highlights
Consolidated Revenue increased 54% YoY to ₹1,301.14 Crores for FY26.
Consolidated Order Book grew 91% to ₹2,643.39 Crores as of April 1, 2026.
EBITDA and PBT rose by 50% and 44% respectively on a consolidated basis.
Recommended a final dividend of ₹0.25 per equity share of face value ₹1.
Associate company Lloyds Infrastructure & Construction has an order book of ₹5,681.76 Crores.
👀 What to Watch
With a 91% surge in the order book and robust profit growth, the company offers strong growth visibility. Long-term investors should stay positive given the execution guidance of 15 months for the current order book.
Lloyds Engineering FY26 Revenue Jumps 54% to ₹1,301 Cr; Order Book Surges 91%
Lloyds Engineering Works Limited reported a stellar performance for FY26, with consolidated revenue growing 54% YoY to ₹1,301.14 crores. Profitability remained strong as EBITDA rose 50% to ₹239.07 crores and PBT increased 44% to ₹202.90 crores. A key highlight is the massive 91% surge in the consolidated order book, which now stands at ₹2,643.39 crores. Furthermore, the company's associate, Lloyds Infrastructure and Construction, holds a substantial order book of ₹5,681.76 crores, providing long-term revenue visibility.
Key Highlights
Consolidated Revenue grew 54% YoY to ₹1,301.14 Cr from ₹845.74 Cr in the previous fiscal.
Consolidated Order Book surged 91% to ₹2,643.39 Cr as of April 1, 2026, with plans to execute most within 15 months.
EBITDA increased by 50% to ₹239.07 Cr, while PBT grew 44% to ₹202.90 Cr.
Board recommended a final dividend of ₹0.25 (25%) per equity share of face value ₹1.
Associate company Lloyds Infrastructure and Construction Limited reported an order book of ₹5,681.76 Cr.
👀 What to Watch
The stock remains a strong growth play given the 91% jump in order book and robust revenue execution. Investors should monitor the company's ability to maintain margins while scaling operations over the next 15-month execution cycle.
Lloyds Engineering Shareholders Approve New Directors and Rights Issue Fund Utilization Extension
Lloyds Engineering Works Limited successfully passed five special resolutions at its EGM held on March 27, 2026. Key approvals include the extension of the timeline for utilizing unutilized Rights Issue proceeds beyond March 31, 2026, providing the company with greater financial flexibility. The board is being significantly strengthened with the appointment of high-profile Independent Directors, including Mr. Vinay Kumar Tripathi (former Chairman of the Railway Board) and Mr. Apurva Chandra (former IAS officer). These appointments, along with the reappointment of existing directors, signal a strategic focus on high-level governance and industrial expertise.
Key Highlights
Shareholders approved the utilization of unutilized Rights Issue proceeds beyond the March 31, 2026 deadline.
Appointment of Mr. Vinay Kumar Tripathi, former CEO of the Ministry of Railways, as an Independent Director until September 2030.
Appointment of Mr. Apurva Chandra, a retired IAS officer with 36 years of experience, as an Independent Director until September 2030.
Reappointment of Mr. Kishor Kumar Mohanlal Pradhan for a second 5-year term as Independent Director.
All five resolutions were passed as Special Resolutions, reflecting strong consensus among voting shareholders.
👀 What to Watch
The addition of seasoned professionals with deep government and industrial experience to the board is a positive indicator for corporate governance. Investors should monitor the deployment of the remaining Rights Issue proceeds for future expansion projects.
Lloyds Engineering Appoints Former Railway Board Chairman and IAS Officer to Board
Lloyds Engineering Works Limited has significantly strengthened its board by appointing three high-profile directors following shareholder approval at an EGM on March 27, 2026. The new appointees include Mr. Vinay Kumar Tripathi, former Chairman of the Railway Board, and Mr. Apurva Chandra, a retired IAS officer with 36 years of administrative experience, both serving as Independent Directors until September 2030. Additionally, Mr. Balasubramaniam Prabhakaran, the Managing Director of Lloyds Metals and Energy Limited, joins as a Non-Executive Director. These appointments bring deep expertise in infrastructure, regulatory policy, and mining operations to the company.
Key Highlights
Appointment of Mr. Vinay Kumar Tripathi, former Chairman & CEO of the Railway Board (38 years experience), as Independent Director.
Appointment of Mr. Apurva Chandra, a retired 1988-batch IAS officer with 36 years of experience in policy and industrial development, as Independent Director.
Appointment of Mr. Balasubramaniam Prabhakaran, MD of Lloyds Metals and Energy, as a Non-Executive Non-Independent Director.
All three appointments are for a term effective from February 04, 2026, through September 30, 2030.
The appointments were officially approved by shareholders at the Extra Ordinary General Meeting held on March 27, 2026.
👀 What to Watch
Investors should view these high-caliber board appointments as a positive signal for improved corporate governance and strategic networking within the infrastructure and government sectors. No immediate action is required, but these additions enhance the company's long-term execution capabilities.
Lloyds Engineering EGM: Shareholders Approve Rights Issue Fund Extension & New Board Appointments
Lloyds Engineering Works Limited (LLOYDSENGG) successfully conducted an Extraordinary General Meeting on March 27, 2026, passing five special resolutions. A key outcome was the shareholder approval to extend the timeline for utilizing unspent Rights Issue proceeds beyond the previous deadline of March 31, 2026. The company also significantly bolstered its board by appointing high-profile individuals, including former Railway Board Chairman Vinay Kumar Tripathi and former IAS officer Apurva Chandra, as Independent Directors. These moves suggest a focus on strengthening corporate governance and maintaining flexibility in capital allocation.
Key Highlights
Approved the utilization of unspent Rights Issue proceeds beyond the March 31, 2026 deadline.
Appointed Mr. Vinay Kumar Tripathi, former Chairman of the Railway Board, as Independent Director until September 2030.
Appointed Mr. Apurva Chandra, a former IAS officer with 36 years of experience, as Independent Director until September 2030.
Reappointed Mr. Kishor Kumar Mohanlal Pradhan for a second five-year term as an Independent Director.
All five resolutions were passed as Special Resolutions via electronic voting during the EGM.
👀 What to Watch
The induction of experienced former government officials to the board is a positive signal for governance and strategic oversight. Investors should monitor the company's future disclosures regarding the specific deployment of the unutilized Rights Issue funds.
Lloyds Engineering Increases Corporate Guarantee for Subsidiary to ₹109 Crore
Lloyds Engineering Works Limited has announced an enhancement of its corporate guarantee for its wholly-owned subsidiary, Techno Industries Private Limited. The guarantee amount, provided to HDFC Bank, has been increased from ₹59 Crore to ₹109 Crore to support the subsidiary's credit facilities. This move indicates the parent company's ongoing financial support for its subsidiary's operational needs. While it increases the contingent liability on the parent's balance sheet, the company maintains there is no direct impact on its own operations.
Key Highlights
Corporate guarantee enhanced from ₹59 Crore to ₹109 Crore
Guarantee provided to HDFC Bank for credit facilities of Techno Industries Private Limited
Techno Industries is a 100% wholly-owned subsidiary of Lloyds Engineering Works
The transaction involves no interest from promoters and is considered a routine financial support measure
👀 What to Watch
Investors should monitor the financial health and utilization of funds by the subsidiary, as the parent company's contingent liability has increased by ₹50 Crore.
Lloyds Engineering EGM on March 27: Director Appointments and Rights Issue Fund Extension
Lloyds Engineering Works Limited has convened an Extraordinary General Meeting (EGM) for March 27, 2026, to seek shareholder approval for key leadership and financial matters. The company is proposing the appointment of two new Independent Directors, Mr. Vinay Kumar Tripathi and Mr. Apurva Chandra, for five-year terms ending in September 2030. Significantly, the board is also seeking approval to utilize unspent proceeds from the April 2025 Rights Issue during the 2026-27 financial year, extending beyond the previous March 31, 2026 deadline. This extension aims to ensure the capital is deployed for the original objects of the issue without altering the fundamental purpose.
Key Highlights
Extraordinary General Meeting (EGM) scheduled for March 27, 2026, via video conferencing.
Proposal to appoint two Independent Directors and one Non-Executive Director to the board.
Request to extend the utilization of unspent Rights Issue proceeds (from April 2025) into FY 2026-27.
Remote e-voting period set for March 23-26, 2026, with a cut-off date of March 20, 2026.
👀 What to Watch
Investors should monitor the company's project execution timelines, as the request to extend fund utilization suggests a delay in the deployment of capital from the 2025 Rights Issue.
Lloyds Engineering Revises Final Call Payment Schedule for ₹16/share Rights Issue
Lloyds Engineering Works Limited has announced a revised schedule for the first and final call money payment regarding its previous rights issue. The company is calling for the remaining 50% of the issue price, amounting to ₹16 per share (including a premium of ₹15.50) on 30,85,17,476 partly paid-up equity shares. Due to technical reasons, the payment window has been rescheduled to open on February 18, 2026, and close on March 4, 2026. This affects shareholders who held partly paid-up shares as of the record date, January 28, 2026.
Key Highlights
Final call of ₹16 per share (₹0.50 face value + ₹15.50 premium) on 30.85 crore partly paid-up shares.
Revised payment period set from February 18, 2026, to March 4, 2026.
This call represents the final 50% payment of the total rights issue price initiated in April 2025.
Record date for identifying eligible shareholders for this call was January 28, 2026.
Failure to pay the call money within the stipulated time may lead to forfeiture of the shares and previous payments.
👀 What to Watch
Investors holding partly paid-up shares must ensure they complete the ₹16 per share payment by March 4, 2026, to convert them into fully paid-up equity. Monitor registered email addresses for the corrigendum notice and specific payment instructions.
