539992
Lloyds Engineering Works Ltd
BSELast Traded Price
₹86.67
-0.93 (-1.06%)
Open
₹87.86
High
₹87.86
Low
₹86.05
Prev Close
₹87.60
Industry
Capital Goods
Market Cap
12,803.51 Cr
Filing History
Recent corporate announcements and filings for 539992
Ownership
Neutral
2026-08-28 18:10
- Lloyds Enterprises Limited created an additional pledge of 40,00,000 equity shares of Lloyds Engineering Works Limited (LEWL).
- The pledge is in favour of Tata Capital Limited, dated August 26, 2026.
- This pledge is undertaken in connection with the financing arrangements of the Company and to secure the obligations towards the lender.
- Post-event, 7.25% of LEWL's total share capital is encumbered, up from 6.99%.
Ownership
Positive
2026-08-26 12:10
- Lloyds Enterprises Limited, a promoter of Lloyds Engineering Works Limited, announced the release of a pledge of 1,75,00,000 Equity Shares of the Target Company. The release was effected on August 19, 2026.
Governance
Neutral
2026-08-25 17:52
- Shareholder approval sought via Postal Ballot for:
- Material Related Party Transactions up to ₹125 Cr with Techno Industries Private Limited and ₹350 Cr with Metalfab Hightech Private Limited.
- Re-allocation of unutilized Rights Issue proceeds (₹326.73 Cr) for asset acquisition, working capital, and general corporate purposes.
- Increase in ESOP pool from 4.4 Cr to 7.35 Cr stock options.
- E-voting period: August 27, 2026, to September 25, 2026.
Governance
Positive
2026-08-21 17:12
- The 32nd Annual General Meeting (AGM) of Lloyds Engineering Works Limited was held on August 21, 2026.
- All resolutions were passed with requisite majority, including the declaration of a final dividend for FY26 of 25% on fully paid-up and 12.50% on partly paid-up shares.
- Resolutions for director re-appointment and increasing borrowing/related party transaction limits were also approved.
Governance
Neutral
2026-08-21 16:46
- The 32nd Annual General Meeting (AGM) of Lloyds Engineering Works Limited was held on August 21, 2026, via Video Conferencing.
- Members adopted the Audited Financial Statements for FY26 and declared a final dividend of 25% on fully paid-up shares and 12.50% on partly paid-up shares.
- Resolutions included the re-appointment of Mr. Rajashekhar Mallikarjun Alegavi and approvals for related party transactions and increased borrowing limits.
Ownership
Negative
2026-08-20 15:19
- Lloyds Enterprises Limited (Promoter) secured financial assistance of ₹219 Crore from Tata Capital Limited.
- As security, 6,00,00,000 equity shares (4.05% of equity share capital) of Lloyds Engineering Works Limited (Target Company) were pledged.
- With this pledge, the total encumbered shares of Lloyds Engineering Works Limited by the promoter now stand at 8.51% of its total share capital.
Business Update
Positive
2026-08-17 22:00
- Lloyds Engineering Works Limited acquired a 51.13% stake in Steel Infra Solutions Company Limited (SISCOL), a heavy steel fabrication company, for ₹626.39 Crores. The strategic acquisition aims for expanded capabilities and synergies.
Business Update
Positive
2026-08-17 21:52
- Lloyds Engineering Works Limited acquired a 51.13% stake in Steel Infra Solutions Company Limited (SISCOL) for a total consideration of INR 626,39,61,300/-, effective August 17, 2026.
- The acquisition was discharged partly through cash and partly through a share swap.
- SISCOL, now a subsidiary, is engaged in heavy steel fabrication and infrastructure solutions.
- The acquisition aims to expand capabilities, generate operating synergies, strengthen the order book, and provides a pathway for a future listing of SISCOL.
- SISCOL reported a turnover of Rs. 816.87 Crores and a net profit of Rs. 43.42 Crores for FY 2025-26.
Ownership
Positive
2026-08-17 20:48
- The Securities Issue Committee approved the allotment of 7,00,42,458 equity shares at ₹71.25 each (totaling ₹499.05 Cr) on a preferential basis via share swap for the acquisition of Steel Infra Solutions Company Limited (SISCOL).
- An additional 7,00,000 equity shares were allotted at ₹71.25 each (totaling ₹4.98 Cr) for cash consideration to Prime Securities Limited.
- The company's paid-up equity capital increased from 148.03 Cr to 155.10 Cr shares.
Ownership
Positive
2026-08-17 20:40
- On August 17, 2026, the company approved preferential allotment of 7,07,42,458 equity shares at INR 71.25 each.
- 7,00,42,458 shares were allotted for acquiring Steel Infra Solutions Company Limited via a share swap.
- 7,00,000 shares were allotted for cash consideration.
- Post-allotment, paid-up equity capital increased to INR 1,549,526,857.50.
Ownership
Positive
2026-08-17 20:32
- On August 17, 2026, the Securities Issue Committee approved the allotment of equity shares.
- 7,00,42,458 equity shares were allotted at ₹71.25 each, in exchange for acquiring 1,66,35,087 shares of Steel Infra Solutions Company Limited via a share swap.
- An additional 7,00,000 equity shares were allotted at ₹71.25 each for cash consideration, aggregating ₹4.98 Crore.
- The company's paid-up equity capital increased from ₹147.88 Crore (14.80 Crore shares) to ₹154.95 Crore (15.51 Crore shares).
Business Update
Positive
2026-08-17 17:49
- Subsidiary, Lloyds Advance Defence Systems Limited (LADS), entered into an agreement with Alpar Ingegneria S.R.L., Italy.
- The agreement involves design, development, and manufacturing of product prototypes to be supplied to LADS.
- It also includes the Transfer of Technology (TOT) and licensed manufacturing of the products in India.
Business Update
Positive
2026-08-17 17:41
- Lloyds Engineering Works Limited's material subsidiary, Lloyds Advance Defence Systems Limited (LADS), entered an agreement with Alpar Ingegneria S.R.L., Italy, on August 17, 2026.
- The agreement covers design, development, technology transfer, and licensed manufacturing of advanced systems/products in India.
Ownership
Neutral
2026-08-17 11:57
- Thriveni Earthmovers Private Limited (shareholder) pledged 6 crore equity shares of Lloyds Engineering Works Limited (LEWL).
- This pledge represents 4.05% of LEWL's Equity Share Capital.
- The shares were pledged to Tata Capital Limited to secure a financial facility for Streamland Estate LLP, effective August 13, 2026.
Business Update
Positive
2026-08-14 00:13
- Lloyds Engineering Works Limited secured a ₹200 Cr loan from Tata Capital Limited on August 13, 2026.
- The loan is for the acquisition of equity shares of Steel Infra Solutions Company Limited (SISCOL).
- The loan is secured by a pledge of SISCOL's equity shares.
Business Update
Neutral
2026-08-06 16:58
- Board approved variations in the objects of its April 2025 rights issue, pending shareholder approval.
- As of June 30, 2026, ₹660.52 Cr of the rights issue funds were utilized, with ₹326.73 Cr unutilized.
- A revised plan for utilizing the balance funds until March 31, 2027, has been detailed.
Financials
Positive
2026-08-06 16:45
- Consolidated Revenue ₹1181 Cr vs ₹655.4 Cr (▲80% YoY)
- EBITDA ₹172.6 Cr vs ₹117.9 Cr (▲46% YoY)
- PAT ₹109.4 Cr vs ₹72.9 Cr (▲50% YoY)
- EBITDA Margin 14.61% vs 18.00% (▼339bps)
Governance
Positive
2026-08-06 16:38
- Company proposes to increase its Employee Stock Option Plan (ESOP) pool from 4,40,00,000 to 7,35,00,000 options under the 'Lloyds Steels Industries Limited – Employee Stock Option Plan – 2021'.
- The increase is subject to approval from members through postal ballot and other requisite authorities.
Business Update
Neutral
2026-08-06 16:31
- Board approved a Corporate Guarantee of ₹130 Crore for credit facilities on behalf of its Associate Company, Lloyds Infrastructure & Construction Limited.
Financials
Positive
2026-08-06 16:21
- Consolidated Revenue ₹527.15Cr vs ₹217.01Cr (▲142.92% YoY)
- EBITDA ₹79.23Cr vs ₹35.31Cr (▲124.38% YoY)
- PAT ₹63.97Cr vs ₹30.18Cr (▲112.00% YoY)
- EBITDA Margin 15.03% vs 16.26% (▼123bps)
- Order Book position increased by 81.19% YoY to ₹2,817.42 Cr.
Financials
Positive
2026-08-06 16:14
- Consolidated Revenue ₹527.15 Cr vs ₹217.01 Cr (▲142.92% YoY)
- EBITDA ₹79.23 Cr vs ₹35.31 Cr (▲124.38% YoY)
- PBT ₹68.99 Cr vs ₹29.73 Cr (▲132.06% YoY)
- EBITDA Margin 15.03% vs 16.27% (▼124bps)
- Company's order book position increased by 81.19% YoY to ₹2,817.42 Cr as on July 1, 2026.
Governance
Neutral
2026-08-03 19:13
- Board Meeting on August 6, 2026, to approve Q1 FY27 financial results (quarter ended June 30, 2026).
- Other agendas: variation in Rights Issue objects and increase in ESOP Pool.
- Trading window closed from July 1, 2026, until 48 hours post results.
Governance
Neutral
2026-07-30 19:13
- 32nd AGM to be held on August 21, 2026, at 11:30 a.m. via Video Conferencing/OAVM.
- Record date for FY 2025-26 dividend entitlement is August 14, 2026.
- Book closure for AGM and dividend is from August 15-21, 2026.
Governance
Neutral
2026-07-30 19:02
- The 32nd Annual General Meeting (AGM) will be held on Friday, August 21, 2026, at 11:30 a.m. (IST) via Video Conferencing / Other Audio-Visual Means.
- The Record Date for determining dividend entitlement for financial year 2025-26 is Friday, August 14, 2026.
- The Register of Members and Share Transfer Books will be closed from Saturday, August 15, 2026, to Friday, August 21, 2026 (both days inclusive).
- Remote e-voting will commence on Monday, August 17, 2026, at 9:00 a.m. (IST) and conclude on Thursday, August 20, 2026, at 5:00 p.m. (IST).
Routine
Positive
2026-07-30 18:51
- Submission of Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 under SEBI (LODR) Regulations, 2015.
- The report details the company's ESG initiatives, policies, and commitments, forming an integral part of the Annual Report.
- No instances of fines, penalties, or corruption charges were reported.
Financials
Positive
2026-07-30 18:39
CRITICAL RED FLAG DETECTED
- Lloyds Engineering Works Limited announced its 32nd Annual General Meeting (AGM) to be held on Friday, August 21, 2026, at 11:30 A.M. (IST) via Video Conferencing. The Annual Report for FY 2025-26 was submitted, with key financial figures for FY26 presented on a Proforma basis (reflecting merger impact) and compared to FY25 Standalone figures.
- Consolidated Revenue ₹3,203.25Cr vs ₹755.78Cr (▲323.9% YoY)
- EBITDA ₹489.87Cr vs ₹145.23Cr (▲237.3% YoY)
- PAT ₹330.73Cr vs ₹99.72Cr (▲231.7% YoY)
- EBITDA Margin 15.29% vs 19.21% (▼392bps)
- Mr. Ashok Kumar Sharma resigned as an Independent Director on July 1, 2025.
Governance
Positive
2026-07-30 18:31
- The 32nd Annual General Meeting (AGM) will be held on Friday, August 21, 2026, at 11:30 A.M. (IST) via Video Conferencing/Other Audio-Visual Means. E-voting opens August 17, 2026, and closes August 20, 2026.
- Key agenda items include adopting FY2025-26 financial results and proposing a final dividend (25% on fully paid-up equity shares, 12.50% on partly paid-up equity shares).
- Shareholders will also vote on increasing borrowing limits and investment/loan/guarantee limits up to ₹5,000 Crore each.
- Approval is sought for material related party transactions with Lloyds Metals and Energy Limited (₹5,250 Cr) and Lloyds Enterprises Limited (₹200 Cr).
Business Update
Positive
2026-07-28 10:53
- Lloyds Advance Defence Systems Limited (a subsidiary) entered an agreement with Flyfocus SP. Z.O.O, Poland, on July 28, 2026.
- The agreement covers licensed manufacturing, marketing, and supply of Flyfocus's Unmanned Aerial Systems (UAS) products in India, and joint Research & Development of new products.
Governance
Positive
2026-07-15 18:01
- Lloyds Engineering Works Limited announced the voting results of its Extra Ordinary General Meeting (EGM) held on July 15, 2026.
- All resolutions presented at the EGM were passed by the shareholders with a special resolution.
- Resolution 1, for the acquisition of a controlling stake in Steel Infra Solutions Company Limited, was passed with 99.7867% votes in favour.
- Resolution 2, for the issue of Equity Shares on a preferential basis for cash consideration, was passed with 99.7872% votes in favour.
Ownership
Neutral
2026-07-15 17:53
- EGM held on July 15, 2026, regarding a proposed preferential issue of 7,13,74,554 Equity Shares.
- Clarifications provided to stock exchanges for the EGM notice and the preferential issue of 7,00,000 equity shares for cash (₹4.98 Cr) at ₹71.25/share, to subscribe to Steel Infra Solutions Company Limited (SISCOL).
- An Addendum to the Valuation Report was submitted to address NSE's observations.
Governance
Positive
2026-07-15 17:48
- An Extraordinary General Meeting (EGM) of Lloyds Engineering Works Limited was held on July 15, 2026.
- The EGM approved the acquisition of a controlling stake in Steel Infra Solutions Company Limited via share swap and the issue of equity shares on a preferential basis for cash.
Governance
Neutral
2026-07-01 21:37
- The Nomination and Remuneration Committee approved the grant of 29,80,896 Employee Stock Options (ESOPs).
- Options are granted at an exercise price of ₹9.50 per option to eligible employees.
- These ESOPs are for employees of the company, its subsidiary (Lloyds Advance Defence Systems), and an associate company (Lloyds Infrastructure and Construction).
- Options have a minimum vesting period of one year and are exercisable within three years.
Ownership
Negative
2026-06-29 23:10
- Lloyds Engineering Works Limited's stake in its wholly-owned subsidiary, Lloyds Advance Defence Systems Limited (LADSL), was diluted from 100% to 85%.
- This followed LADSL's private placement of shares to the holding company and two other investors, approved June 24, 2026, and allotted June 29, 2026.
Routine
Neutral
2026-06-23 17:14
- Trading window for Designated Persons and their relatives closed from July 1, 2026.
- Closure is for the upcoming Board Meeting to approve Q1 FY27 financial results (quarter ended June 30, 2026).
- The window will reopen 48 hours after the conclusion of the Board Meeting.
Ownership
Positive
2026-06-23 10:27
- Lloyds Enterprises Limited, a promoter of Lloyds Engineering Works Limited, announced the release of a pledge on 2,30,00,000 Equity Shares of the Target Company.
- The pledge was released on 16th June, 2026, which reduces the promoter's encumbered shares from 18.41% to 13.65% of their total holding.
Governance
Positive
2026-06-22 20:42
- EGM on July 15, 2026, at 11:00 a.m. via VC/OAVM to approve:
- Acquisition of up to 41.34% in Steel Infra Solutions Company Ltd via ₹503.56 Cr share swap.
- Preferential issue of 7,00,000 equity shares for ₹4.99 Cr cash to Prime Securities Limited.
Business Update
Positive
2026-06-22 20:38
- An Extra Ordinary General Meeting (EGM) is scheduled for Wednesday, July 15, 2026, at 11:00 a.m. IST via Video Conference/Other Audio-Visual Means.
- The EGM seeks approval for the acquisition of a 41.34% controlling stake in Steel Infra Solutions Company Limited (SISCOL) through a share swap, involving the issuance of 7,06,74,554 equity shares at ₹71.25 each (totaling approx. ₹503.55 Crores).
- Approval is also sought for a preferential allotment of 7,00,000 equity shares at ₹71.25 each (totaling approx. ₹4.98 Crores) to Prime Securities Limited for cash.
Business Update
Positive
2026-06-18 15:06
- Board approved acquisition of 88.12% equity in Steel Infra Solutions Company Limited (SISCOL) for ₹1,073.40 Cr (cash & share swap).
- SISCOL (FY26 Turnover: ₹816.87 Cr, PAT: ₹43.42 Cr) specializes in heavy steel fabrication, expanding capabilities.
- Other approvals: ₹1,000 Cr borrowings, ₹2.5 Cr investment in Lloyds Advance Defence Systems Limited, and 700,000 shares preferential issue.
- EGM scheduled for July 15, 2026.
Business Update
Positive
2026-06-18 15:00
- Board approved acquisition of 88.12% stake in Steel Infra Solutions Company Limited (SISCOL) for ~INR 1,073.40 Cr.
- Lloyds Engineering Works will acquire 52.16% (part cash, part share swap).
- SISCOL (FY26 turnover ₹816.87 Cr, PAT ₹43.42 Cr) specializes in heavy steel fabrication.
- Acquisition aims for capability expansion, synergies, and order book strengthening.
- EGM for approval on July 15, 2026.
Business Update
Positive
2026-06-18 14:57
- Board approved acquiring 88.12% of Steel Infra Solutions Company Limited (SISCOL) for approx. ₹1,073.40 Cr (FY26 turnover: ₹816.87 Cr).
- Acquisition involves cash and share swap; ₹1,000 Cr borrowings also approved.
- Shareholder approval for these will be sought at an EGM on July 15, 2026.
Business Update
Positive
2026-06-18 14:53
- Lloyds Engineering Works Limited (LEWL) announced the acquisition of Steel Infra Solutions Company Limited (SISCOL).
- The acquisition is for a total consideration of ₹1,073 crores, funded by cash and equity.
- This move aims to transform LEWL into a fully integrated engineering, fabrication, and EPC platform, targeting ₹10,000+ crore revenue by FY29/30.
- SISCOL reported FY26 revenue of ₹817 crore, EBITDA of ₹92 crore, PAT of ₹44 crore, and an order book of ₹1,134 crore.
Business Update
Positive
2026-06-18 14:49
- The Board approved the acquisition of 88.12% equity shares of Steel Infra Solutions Company Limited (SISCOL) for a total consideration of approximately ₹1,073.40 Cr.
- Lloyds Engineering Works Limited will acquire a 52.16% stake for ₹635.40 Cr, discharged partly through cash and partly through a share swap (issuance of 7,06,74,554 equity shares at ₹71.25 per share).
- SISCOL, engaged in heavy steel fabrication and infrastructure solutions, reported a turnover of ₹816.87 Cr and a net profit of ₹43.42 Cr for FY2025-26.
- The acquisition aims to expand capabilities, achieve operating synergies, and strengthen the order book.
- The Board also approved borrowings of up to ₹1000 Cr and an investment of up to ₹2.5 Cr in Lloyds Advance Defence Systems Limited.
- An Extra Ordinary General Meeting (EGM) is scheduled for July 15, 2026, for shareholder approvals.
Governance
Positive
2026-06-15 19:05
- Board Meeting scheduled for Thursday, 18th June, 2026.
- To consider and approve the issuance of equity shares on a preferential basis.
- Trading Window for Designated Persons closed from 15th June, 2026 till 48 hours after the announcement on 18th June 2026.
Governance
Neutral
2026-05-26 13:13
Lloyds Engineering Works Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report by Mitesh J. Shah & Co., Company Secretaries, confirms the company's compliance with SEBI Regulations, Listing Obligations and Disclosure Requirements, and Secretarial Standards. No material non-compliances, regulatory actions, or resignations of statutory auditors were reported during the period.