Lloyds Engineering Works Discloses Comprehensive EGM Voting Results for March 27

Lloyds Engineering Works Limited has disclosed detailed voting results for its Extra Ordinary General Meeting held on March 27, 2026, confirming overwhelming shareholder support for all five special resolutions. The company filed comprehensive regulatory disclosures under Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the scrutinizer's report.

EGM Proceedings and Participation

The EGM was conducted at 11:00 a.m. (IST) through Video Conferencing and concluded at 11:20 a.m., with remote e-voting facility available from March 23-26, 2026. The meeting was presided over by Chairman Mr. Mukesh Rajnarayan Gupta, with comprehensive participation from the board and key managerial personnel.

Meeting Details:	Information
Record Date:	March 20, 2026
Total Shareholders on Record:	421,580
E-voting Platform:	National Securities Depository Limited (NSDL)
Scrutinizer:	Mr. Mehul Raval, Practicing Company Secretary

Voting Results Summary

All five special resolutions were passed with substantial majority support, demonstrating strong shareholder confidence in the proposed appointments and corporate actions.

Resolution:	Favour (%)	Against (%)	Status
Mr. Vinay Kumar Tripathi Appointment:	99.70%	0.30%	Passed
Rights Issue Proceeds Utilization:	99.99%	0.00%	Passed
Mr. Apurva Chandra Appointment:	99.59%	0.41%	Passed
Mr. Balasubramaniam Prabhakaran Appointment:	99.69%	0.31%	Passed
Mr. Kishor Kumar Pradhan Reappointment:	96.86%	3.14%	Passed

Director Appointments Confirmed

The shareholders formally approved three key director appointments, all effective from February 04, 2026, with terms extending until September 30, 2030.

Mr. Vinay Kumar Tripathi (DIN: 09463988) was appointed as Independent Director with 640,385,890 votes in favour. A B.E. Electrical Engineering graduate from IIT Roorkee, he served as Chairman, Railway Board & CEO, Ministry of Railways, bringing 38 years of Indian Railways experience across technical and managerial positions.

Mr. Apurva Chandra (DIN: 02531655) received 639,657,982 votes for his appointment as Independent Director. An IAS officer from the 1988 batch Maharashtra cadre who superannuated on September 30, 2024, he brings over 36 years of public administration experience across petroleum, defence, labour reforms, and industrial policy.

Mr. Balasubramaniam Prabhakaran (DIN: 01428366) was appointed as Non-Executive Non-Independent Director with 640,327,463 votes. As Managing Director of Lloyds Metals and Energy Limited and founder of Thriveni Earthmovers, he brings over three decades of mining and infrastructure experience.

Regulatory Compliance and Board Structure

The company confirmed full regulatory compliance, with Company Secretary Ms. Rahima Shaikh verifying that all newly appointed directors are not debarred by SEBI or other regulatory authorities. The scrutinizer's report, prepared by Mr. Mehul Raval (ACS: 18300), confirmed the validity of all voting procedures.

Current Board Composition:	Details
Chairman & Whole Time Director:	Mr. Mukesh Rajnarayan Gupta
Independent Directors:	Mr. Kishor Kumar Pradhan (reappointed), Mr. Lakshman Ananthsubramanian, Mr. Ashok Tandon, Mr. Vinay Kumar Tripathi, Mr. Apurva Chandra
Non-Executive Directors:	Mr. Rajashekhar Mallikarjun Alegavi, Mr. Balasubramaniam Prabhakaran
Company Secretary:	Ms. Rahima Shaikh

The EGM also approved the utilization of unutilized rights issue proceeds beyond March 31, 2026, receiving the highest approval rate of 99.99%. The comprehensive voting results demonstrate strong shareholder confidence in the company's strategic direction and leadership appointments.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-6.78%	-9.67%	-20.71%	-35.83%	-25.14%	+3,883.67%

Lloyds engineering works Limited has announced a significant enhancement of its corporate guarantee for its wholly owned subsidiary, increasing the facility from ₹59 crore to ₹109 crore. The Executive Committee of the Board of Directors approved this enhancement at its meeting held on March 12, 2026.

Corporate Guarantee Enhancement Details

The enhanced corporate guarantee has been issued in favour of HDFC Bank Limited for credit facilities availed by Techno Industries Private Limited, the company's wholly owned subsidiary. This represents an increase of ₹50 crore from the originally approved amount.

Parameter	Details
Original Guarantee Amount	₹59 crore
Enhanced Guarantee Amount	₹109 crore
Beneficiary Bank	HDFC Bank Limited
Subsidiary Company	Techno Industries Private Limited
Approval Date	March 12, 2026

Board Approval Timeline

The corporate guarantee approval process involved two key board meetings. The initial guarantee of ₹59 crore was approved by the Board of Directors on December 26, 2025. Subsequently, the Executive Committee of the Board of Directors convened on March 12, 2026, to consider and approve the enhancement to ₹109 crore.

Regulatory Compliance and Disclosures

The company has made detailed disclosures as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key regulatory disclosures include:

Disclosure Aspect	Details
Beneficiary Entity	Techno Industries Private Limited
Promoter Interest	No interest from promoters/group companies
Transaction Nature	Corporate guarantee for credit facilities
Impact on Listed Entity	Nil

Transaction Characteristics

The company has confirmed that promoters, promoter groups, or group companies have no interest in this transaction. The corporate guarantee is specifically designed to support credit facilities utilized by Techno Industries Private Limited and is expected to have no material impact on the listed entity's operations or financial position.

The announcement was signed by Rahima Shaikh, Company Secretary and Compliance Officer, and communicated to both BSE Limited and the National Stock Exchange of India Limited as part of the company's regulatory obligations.