Lloyds Metals and Energy Ltd

- Board approved Q1 FY2026-27 unaudited financials with Rs. 1,526.90 Cr PAT. - New Independent Director appointed for 5 years. - Approved investments in renewable energy (26% minimum stake). - Conversion of loans into subsidiary equity and further investments approved. - Subsidiary capital infusion approved up to Rs. 625 Cr.

🔍 Financial Results Overview:

• Board approved unaudited standalone and consolidated results for Q1 ending June 30, 2026.
• Profit After Tax: Rs. 1,526.90 crore.
• Revenue from operations: Rs. 5,353.32 crore.
• Results reviewed by audit committee and statutory auditors with no material discrepancies found.

👨‍💼 New Appointment:

• Mr. Avijit Ghosh appointed as Non-Executive, Independent Director for 5 years from August 10, 2026.
• Subject to shareholder approval.

⚡ Renewable Energy Initiatives:

• Board approved minimum 26% stake investments in renewable energy projects under Group Captive Scheme.
• Includes wind power agreements with Amplus Energy entities and solar power agreements with Amplus Ceres.
• Aims to ensure sustainable and long-term captive energy consumption.

💰 Financial Restructuring and Investments:

• Conversion of loans to wholly owned subsidiary into equity shares approved.
• Additional investment approval in subsidiary via preference shares or other securities.
• Up to Rs. 625 crore investment approved for another subsidiary through rights/further issue of capital.

📈 Other Highlights:

• Employee stock options increased to over 67 million outstanding.
• Utilization details of previous capital raises provided.

💡 What this means for investors:

• Company remains profitable with strong revenue.
• Focus on renewable energy investments indicates sustainability strategy.
• Financial restructuring supports growth and consolidation.
• Board strengthening via independent director appointment.

This update includes operational results and strategic decisions that can help track company performance and governance.