Lloyds Engineering Works has fixed August 14, 2026, as the record date for determining shareholder entitlement to the final dividend for the financial year ended March 31, 2026. The company’s register of members and share transfer books will remain closed from Saturday, August 15, 2026, through Friday, August 21, 2026. This procedural update confirms the timeline for investors expecting a payout of 25 paise per equity share, subject to approval at the upcoming Annual General Meeting (AGM).

The 32nd AGM is scheduled for Friday, August 21, 2026, at 11:30 a.m. IST, conducted exclusively via Video Conferencing or Other Audio-Visual Means (VC/OAVM). Shareholders registered on the cut-off date of August 14, 2026, are eligible to vote on key resolutions, including a ₹5,250 crore related-party transaction limit with Lloyds Metals and Energy Limited (LMEL) and an increase in borrowing capacity to ₹5,000 crore.

Voting Mechanism and Timeline

In compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations, Lloyds Engineering Works has engaged National Securities Depository Limited (NSDL) to facilitate e-voting. Remote e-voting opens on Monday, August 17, 2026, at 9:00 a.m. IST and closes on Thursday, August 20, 2026, at 5:00 p.m. IST. Members who have already cast their votes remotely cannot vote again during the meeting but may still attend via VC/OAVM.

Key Resolutions Under Consideration

The AGM agenda includes omnibus approval for transactions with LMEL valued at up to ₹5,250 crore until the 33rd AGM in 2027. This covers sales, purchases, and service sharing, reflecting significant operational synergy. Additionally, the Board seeks approval to increase the company’s borrowing limit to ₹5,000 crore under Section 180(1)(c) of the Companies Act, 2013, replacing the previous ₹1,000 crore limit. This enhancement aims to provide financial flexibility for capital expenditure and working capital needs.

Regulatory Compliance and Disclosures

The filings cite Regulation 42 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding the record date fixation. The proposed RPT limit constitutes 403.49% of the company’s annual consolidated turnover of ₹1,301.14 crore for FY26. Directors Mukesh Gupta, Rajesh Gupta, and Balasubramanian Prabhakaran have declared interests in both entities, necessitating shareholder ratification under Regulation 23. A separate RPT limit of ₹200 crore is also sought for transactions with Lloyds Enterprises Limited.

Lloyds Engineering Works has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, to the Bombay Stock Exchange and the National Stock Exchange of India. The filing, dated July 30, 2026, discloses a substantial improvement in energy efficiency, with energy intensity per rupee of turnover dropping to 5.78 from 8.16 in FY25. This reduction occurred despite the company operating 11 plants and 2 offices across India, serving customers in hydrocarbon, chemical, and steel sectors.

The submission was made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report covers standalone and consolidated operations, with assurance provided in-house. Mukesh Rajnarayan Gupta, Chairman, signed the document on May 5, 2026, in Mumbai. The company’s paid-up capital stands at ₹1,48,00,82,086, comprising fully paid-up shares of ₹139,88,11,662 and partly paid-up shares of ₹8,12,70,424.

Energy and Environmental Metrics

The most material operational shift in FY26 was the halving of total energy consumption. Total energy consumed from non-renewable sources fell to 6,082.44 GJ from 12,327.4 GJ in FY25. Electricity consumption from non-renewable sources remained stable at approximately 5,678 GJ, suggesting the reduction was driven by lower fuel or other energy source usage. Water withdrawal decreased significantly to 14,623 kilolitres from 26,738 kilolitres in the previous year, all sourced from third parties. The company operates a 5KL capacity Sewage Treatment Plant, using treated water for gardening.

Air emissions data for FY26 includes NOx at 22.4 Ug/m3, SOx at 15.3 Ug/m3, and Particulate Matter at 64.6 Mg/Nm3. The company states it is compliant with applicable environmental laws, including the Water and Air Prevention and Control of Pollution Acts.

Workforce and Safety

Lloyds Engineering Works employed 438 employees and engaged 216 workers at the end of FY26. Female representation among employees stood at 7.76%, with no female workers reported. The turnover rate for permanent employees declined sharply to 21.58% from 38.10% in FY25, indicating improved retention. Training coverage expanded, with 44.52% of employees receiving skill up-gradation training compared to 69.34% in FY25, though health and safety training coverage rose to 12.10% from 6.97%.

Safety metrics showed zero lost-time injuries for both employees and workers. However, there were 16 recordable work-related injuries among workers in FY26, compared to zero in FY25. The company maintains ISO 45001 certification for occupational health and safety. All permanent workers are members of recognized unions, with 100% membership continuity from the prior year.

Governance and Supply Chain

The company’s supply chain remains concentrated, with 69.79% of purchases made from trading houses, up from 61.27% in FY25. Purchases from the top 10 trading houses accounted for 78.25% of total trading house purchases. The board comprises 12 directors, including two women (16.67%). Key Management Personnel includes one woman (50%).

Deepak Obhan, Vice President – HR, serves as the highest authority responsible for implementing business responsibility policies. The CSR Committee oversees sustainability issues, while the Safety Committee, headed by Vice President Mr. Nair, addresses manufacturing-related environmental and social issues. The company’s CSR initiatives focus on nutrition, partnering with Akshaya Chaitanya to serve over 14,000 meals daily.