Lloyds Engineering Works Ltd (LLOYDSENGG) — Announcement | 11 September 2026 (2 announcements)

Lloyds Engineering Works convened a court-ordered shareholder meeting on October 16, 2026 to seek approval for merging three infrastructure firms into itself. The merger aims to create a larger entity with over Rs. 4500 crores in order books, targeting operational synergies, cost reductions, and enhanced financial strength through combined assets and capabilities. Shareholders will vote via video conference with remote e-voting facilities provided by NSDL.

Lloyds Engineering Works announced a court-convened meeting of unsecured creditors on October 16, 2026, to approve a merger scheme absorbing three companies. The merger aims to create a unified engineering entity with enhanced scale, cost synergies, and financial strength, leveraging LICL's Rs 4500 crore order book. Creditors as of March 31, 2026, can vote remotely via NSDL from October 12-15, 2026, with e-voting supervised by appointed officials.