Lloyds Metals & Energy Ltd (LLOYDSME) — Board Meeting | 21 September 2026 (2 announcements)

Lloyds Metals & Energy approved employee stock option allotment of 141,969 shares at Rs 4 each, increasing paid-up capital to Rs 56.30 crore, and sanctioned private placement of up to Rs 1,550 crore in non-convertible debentures. The board also expanded DRI plant capacities at Ghugus and Konsari to exceed 900,000 MTPA total. The meeting concluded in 25 minutes and details are available on the company website.

Lloyds Metals & Energy announced board approval to allot 141,969 equity shares at Rs 4 each under its ESOP-2017, increasing paid-up capital to Rs 56.30 crore, and to issue up to Rs 1,550 crore of non-convertible debentures on a private placement basis. The board also enhanced DRI plant capacities at Ghugus to 815,000 MTPA and Konsari to 92,400 MTPA, targeting over 900,000 MTPA total capacity within a year. These moves aim to strengthen the steel value chain, improve margins, and support growth objectives.