Lloyds Engineering Works Limited has announced a significant employee stock option allotment under its ESOP 2021 plan. The Nomination and Remuneration Committee of the Board of Directors approved the allotment on February 4, 2026, demonstrating the company's commitment to employee participation in its growth.

ESOP Allotment Details

The committee approved the allotment of employee stock options at two different exercise prices to eligible employees:

Financial Impact and Terms

The ESOP allotment carries significant financial implications for both the company and employees. Upon full exercise of all options, the company stands to realize substantial funds while providing employees with equity participation opportunities.

Regulatory Compliance and Structure

The Employee Stock Option Plan operates under the Lloyds Steels Industries Limited Employee Stock Option Plan - 2021, which received in-principal approval from both BSE Limited and National Stock Exchange of India Limited. The plan complies with SEBI (Share Based Employee Benefits & Sweat Equity) Regulations, 2021.

Key structural features of the options include:

• Each option converts to one equity share upon exercise
• Options vest after 1 year but within 7 years from grant date
• Unexercised options lapse after the exercise period
• All shares rank pari-passu with existing equity shares

Share Capital Impact

Following the allotment, the company's share capital structure reflects the potential for significant expansion. The first tranche allotment brings the total issued shares to 1,47,85,58,026 equity shares, while the second tranche could increase this to 1,48,00,82,086 equity shares upon full exercise.

The options carry distinctive numbers 1474202027 - 1478558026 for the first tranche and 1478558027 - 1480082086 for the second tranche, with ISIN INE093R01011. The par value remains at Re. 1 per share, maintaining consistency with the existing share structure.

Implementation Timeline

The options are scheduled to vest on March 31, 2026, providing employees with a clear timeline for potential exercise. The 3-year exercise window from the vesting date offers flexibility while ensuring timely utilization of the granted options. Currently, none of the options have been exercised, and no options have lapsed as of the allotment date.

Lloyds Engineering Works Limited has announced its financial results for the third quarter of fiscal year 2026, demonstrating strong operational performance with significant growth in profitability, revenue, and operational efficiency. The results were approved by the board of directors during their scheduled meeting on February 04, 2026.

Q3FY26 Financial Performance

The company delivered robust financial results for the quarter ended December 31, 2025, showing substantial improvement across key metrics including enhanced EBITDA performance and margin expansion.

Operational Efficiency and Margin Improvement

The company's EBITDA performance showcased significant operational improvements, with EBITDA rising to 530M rupees compared to 435M rupees in the corresponding quarter of the previous year. More notably, the EBITDA margin expanded to 19.41% from 16.34%, indicating enhanced operational efficiency and better cost management.

Board Meeting and Regulatory Compliance

The financial results were considered and approved during the board meeting held on February 04, 2026, as previously scheduled. The company had formally notified both BSE Limited and the National Stock Exchange of India Limited about this board meeting under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Status

Following the declaration of financial results, the trading window restrictions that were in place for designated persons and their immediate relatives have been lifted. The trading window was closed until 48 hours after the declaration of financial results, as communicated through the company's intimation dated December 26, 2025.

The strong financial performance reflects the company's operational efficiency and growth trajectory, with revenue, profitability, and EBITDA margins all showing positive momentum compared to the corresponding quarter of the previous fiscal year.