Lloyds Engineering Works Addresses NSE Query on FY26 Audited Financial Results Format

1 min read     Updated on 15 May 2026, 07:24 AM
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Lloyds Engineering Works Limited responded to an NSE query dated May 11, 2026, concerning the format of its audited financial results for the quarter and year ended March 31, 2026. The exchange had noted that the consolidated financial results lacked a Balancing Figures Note as required under SEBI's prescribed format. The company clarified that since all figures in the current year are audited, the said note is not applicable. The communication was submitted by Company Secretary and Compliance Officer Rahima Shaikh.

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Lloyds Engineering Works Limited addressed a regulatory query from the National Stock Exchange of India Limited (NSE) on May 11, 2026, pertaining to the format of its audited financial results. The query was raised in connection with the outcome of the Board Meeting filed for the approval of Audited Financial Results — both Standalone and Consolidated — for the quarter and year ended March 31, 2026.

NSE Query and Company Response

The NSE, through an email dated May 11, 2026, sought clarification on a specific concern regarding the submitted financial results. The company provided a point-wise response addressing the issue raised. The key query and the company's response are outlined below:

Query: Details
Issue Raised: Financial results not in SEBI-prescribed format; Balancing Figures Note not provided for Consolidated Financial Results
Company Response: As all figures in the current year are audited, the Balancing Figures Note is not applicable
Reference Date: May 11, 2026
Results Period: Quarter and year ended March 31, 2026

Regulatory Communication Details

The clarification was submitted to the Manager – Listing Approvals at the National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051. The communication was signed by Rahima Shaikh, Company Secretary and Compliance Officer (ACS: 63449), on behalf of Lloyds Engineering Works Limited, and was digitally authenticated on May 11, 2026.

The company requested the NSE to take the above clarification on record.

Historical Stock Returns for Lloyds Engineering Works

1 Day5 Days1 Month6 Months1 Year5 Years
-1.81%+15.21%+44.74%+21.96%+25.20%+4,257.41%

Will NSE accept Lloyds Engineering Works' clarification regarding the Balancing Figures Note, or could the company face further regulatory scrutiny or penalties for non-compliance with SEBI-prescribed formats?

How might repeated regulatory queries about financial reporting formats impact Lloyds Engineering Works' compliance track record and investor confidence in the company's governance standards?

Could this regulatory exchange signal broader enforcement by NSE/SEBI on listed companies regarding standardized financial reporting formats, potentially affecting other mid-cap engineering firms?

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CCI Approves Lloyds Merger With Three Entities

2 min read     Updated on 14 May 2026, 07:26 AM
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The Competition Commission of India approved Lloyds Engineering Works' merger with Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited. The approval under Section 31(1) of the Competition Act, 2002, was communicated on May 13, 2026. The scheme is structured under Sections 230 to 232 of the Companies Act, 2013.

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Lloyds Engineering Works Limited has received approval from the Competition Commission of India (CCI) for its proposed Scheme of Merger by Absorption. The scheme involves the absorption of three entities: Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited, along with their respective shareholders. The approval was communicated on May 13, 2026.

CCI Approval Details

The Commission considered the proposed combination in its meeting held on May 12, 2026, and approved it under Section 31(1) of the Competition Act, 2002. The notice for the proposed combination, bearing Registration No. C-2026/03/1398, was filed on March 11, 2026, by Thriveni Earthmovers Private Limited, Lloyds Engineering Works Limited, and the three transferor companies under sub-section (2) of Section 6 and 6A of the Competition Act, 2002.

The key details of the regulatory approval are summarised below:

Parameter: Details
Regulatory Authority: Competition Commission of India
Combination Registration No.: C-2026/03/1398
Notice Filing Date: March 11, 2026
CCI Meeting Date: May 12, 2026
Approval Section: Section 31(1) of the Competition Act, 2002
Scheme Type: Merger by Absorption
Transferee Company: Lloyds Engineering Works Limited
Transferor Company 1: Lloyds Infrastructure & Construction Limited
Transferor Company 2: Metalfab Hightech Private Limited
Transferor Company 3: Techno Industries Private Limited

Scheme Structure and Legal Framework

The Scheme of Merger by Absorption is structured under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The merger involves the absorption of Lloyds Infrastructure & Construction Limited (LICL), Metalfab Hightech Private Limited (MHPL), and Techno Industries Private Limited (TIPL) into Lloyds Engineering Works Limited (LEWL). The scheme was also filed under Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking stock exchange approval.

Regulatory Disclosure

The intimation was submitted to both BSE Limited and NSE Limited by Rahima Shaikh, Company Secretary and Compliance Officer of Lloyds Engineering Works Limited, on May 13, 2026. The CCI's letter approving the transaction has been enclosed as part of the regulatory disclosure. The Commission has indicated that a formal order in this regard will follow separately.

Historical Stock Returns for Lloyds Engineering Works

1 Day5 Days1 Month6 Months1 Year5 Years
-1.81%+15.21%+44.74%+21.96%+25.20%+4,257.41%

How will the absorption of Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited impact Lloyds Engineering Works Limited's revenue mix and order book in the near term?

What synergies is Thriveni Earthmovers Private Limited, as a key filing party, expected to derive from this consolidation, and could this signal further M&A activity within the group?

How might the expanded entity's combined balance sheet and operational capabilities affect its competitiveness in bidding for large-scale infrastructure and engineering contracts?

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