Lloyds Engineering Works Ltd

Lloyds Engineering Works Limited informed the BSE Limited and the National Stock Exchange of India that Bela Rajan, DIN: 00548367, completed her tenure as a Non-Executive Independent Director and consequently ceased to hold the position from the closure of business hours of August 31, 2026.

Lloyds Engineering Works has completed the acquisition of a controlling stake in Steel Infra Solutions, a heavy steel fabrication and infrastructure solutions provider, for a total consideration of approximately 626.40 crore rupees. The acquisition, structured with a combination of cash and share swap, will see Lloyds Engineering Works hold 51.13% of Steel Infra Solutions, making it a subsidiary. Lloyds Enterprises Limited and Streamland Estate LLP also participated in the acquisition, with Lloyds Enterprises Limited paying 219 crore rupees in cash. The move is intended to expand Lloyds Engineering’s capabilities, generate synergies, and potentially lead to a future listing of Steel Infra Solutions within three years. Steel Infra Solutions, incorporated in 2017, reported revenue of 816.87 crore rupees for the fiscal year 2025-26.

SISCOL announced the allotment of 7,07,42,458 equity shares through a combination of share swap and cash consideration, increasing its paid-up capital to INR 154,95,26,857.50 and comprising 155,10,38,912 shares. The company acquired 1,66,35,087 shares in SISCOL in exchange for 7,00,42,458 shares allotted as consideration other than cash, while 7,00,000 shares were allotted for INR 4,98,75,000 in cash consideration, at an issue price of INR 71.25 per share. Twenty-six investors received shares through the share swap, with Prime Securities Limited also participating as an allottee for both consideration types, holding 10,21,141 shares post-allotment. The allotment was finalized at a meeting concluding at 6:05 p.m., and was signed by Whole-Time Director Mukesh Rajnarayan Gupta.

Lloyds Engineering Works Limited announced the allotment of 7,07,42,458 equity shares through a preferential allotment basis, increasing its paid-up capital by INR 7,07,42,458 to INR 154,95,26,857.50. The allotment included a share swap with SISCOL, where the company issued 7,00,42,458 shares in exchange for 1,66,35,087 shares of SISCOL, and a cash consideration of INR 4,98,75,000 from Prime Securities Limited for 7,00,000 shares, at an issue price of INR 71.25 per share. A total of 26 investors received shares through the share swap, while Prime Securities Limited was the sole cash consideration investor. Post-allotment, Ravikant Uppal holds 1,57,79,393 shares, Surin Holdings LLP holds 1,23,59,907 shares, and Prime Securities Limited holds 10,21,141 shares. The allotment was approved at a meeting concluding at 6:05 p.m., and signed by Whole-Time Director Mukesh Rajnarayan Gupta.

Lloyds Engineering Works Limited announced the allotment of 7,07,00,458 equity shares through a combination of share swap and cash consideration, increasing the company’s paid-up capital to INR 154,95,26,857.50, consisting of 155,10,38,912 shares. As part of the share swap, Lloyds Engineering Works Limited acquired 1,66,35,087 shares in SISCOL. The allotment included 7,00,000 shares for which the company received INR 4,98,75,000 in cash consideration, with Prime Securities Limited acting as the sole investor for this portion. The issue price was set at INR 71.25 per share, and 26 investors received shares through the share swap, with Prime Securities Limited also participating in both allotment methods.

Lloyds Engineering Works Limited said its subsidiary, Lloyds Advance Defence Systems Limited, entered into an agreement with Alpar Ingegneria S.R.L. of Italy to design, develop, and manufacture a product prototype, transfer technology, and license manufacturing of the products in India.

LloydsEngineeringWorksLimited announced it has entered into a loan agreement with TataCapitalLimited for Rs 200 crore to finance the proposed acquisition of equity shares of SteelInfraSolutionsCompanyLimited for an aggregate consideration of approximately Rs 200 crore. The loan agreement was executed on August 13, 2026, and details are available on the company's website at www.lloydsengg.in.

Lloyds Engineering Works Ltd share price inched up 0.72% to Rs 93.32 after the company's net profit soared by 41.43% to Rs 55.1 crore, while revenue from operations improved marginally 6.49% to Rs 527.15 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.9 lakh crore, heading higher 12.73%. It has slipped by 4.89% over last one week and soared by 30.23% in last one month while the market capitalization of Lloyds Engineering Works Ltd has marginally improved by 5.94% and 55.10% in the same period respectively. Profit before tax (PBT) of Lloyds Engineering Works Ltd stood at Rs 68.99 crore in Q2 FY26, surging by 132.06% year-on-year, and expanding by 16.14% quarter-on-quarter. EBITDA came in at Rs 53 crore, rallying 199.66% YoY and rising 1.32% sequentially. Total expenses posted a minor rise of 6.18% to Rs 467.98 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 313.83 crore, posting a minor increase of 4.45% YoY, while employee benefits expense was at Rs 30.55 crore, surging 16.29% YoY. For the TTM ended FY26, revenue from operations surged 53.85% to Rs 1301.14 crore, while net profit saw a strong growth of 43.99% to Rs 155.51 crore, compared to previous TTM. EBITDA jumped by 12254% to Rs 139.39 crore, and PBT soared 43.76% to Rs 202.9 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 252.9 crore in FY26, as against Rs 158.3 crore in FY25. Lloyds Engineering Works Ltd jumped 33.47% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.64% during the same period.

Lloyds Engineering Works Limited will hold a board meeting on August 6, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, a proposal for variation in the objects of a rights issue, and a proposal to increase the employee stock option pool under the company’s Employee Stock Option Scheme, 2021. The company also announced that the trading window for its designated persons and their relatives will be closed from July 1, 2026, until 48 hours after the financial results are made public on August 6, 2026.

Lloyds Engineering Works Limited will hold its 32nd Annual General Meeting on Friday, August 21, 2026, at 11:30 a.m. (IST) via video conferencing and other audio-visual means, with the record date for dividend eligibility set on Friday, August 14, 2026, and the register of members closed from Saturday, August 15, 2026, to Friday, August 21, 2026. Shareholders as of August 14, 2026, can cast votes through remote e-voting from Monday, August 17, 2026, at 9:00 a.m. (IST) to Thursday, August 20, 2026, at 5:00 p.m. (IST), facilitated by National Securities Depository Limited (NSDL).