Lloyds Metals and Energy Expands Global Footprint with New Dubai Subsidiary

1 min read     Updated on 26 Sept 2025, 11:51 AM
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Ashish ThakurScanX News Team
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Overview

Lloyds Metals & Energy Limited has incorporated a wholly-owned subsidiary, Lloyds Global Resources FZCO, in Dubai on September 25, 2025. The subsidiary was registered with the Dubai Multi Commodities Centre Authority (DMCCA). This move marks the company's entry into the Middle Eastern market and is part of its international expansion strategy. The company promptly informed stock exchanges of this development, adhering to regulatory requirements.

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Lloyds Metals & Energy Limited has taken a significant step in its international expansion strategy by incorporating a wholly-owned subsidiary in Dubai. The new entity, named Lloyds Global Resources FZCO, was officially registered on September 25, 2025, marking the company's entry into the Middle Eastern market.

Key Details of the Incorporation

Detail Information
Subsidiary Name Lloyds Global Resources FZCO
Location Dubai, United Arab Emirates
Date of Incorporation September 25, 2025
Regulatory Authority Dubai Multi Commodities Centre Authority (DMCCA)

The incorporation of Lloyds Global Resources FZCO comes following an order from the Registrar of Companies of the DMCCA. Lloyds Metals & Energy Limited promptly informed the stock exchanges of this development on the same day, in compliance with regulatory requirements.

Strategic Implications

This move signifies Lloyds Metals & Energy's commitment to expanding its global presence and tapping into new markets. Dubai, known for its strategic location and business-friendly environment, could serve as a gateway for the company to strengthen its position in the Middle East and beyond.

Corporate Governance and Transparency

In line with its obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Lloyds Metals & Energy Limited has ensured timely disclosure of this material development. The company's proactive approach to informing stakeholders underscores its commitment to transparency and good corporate governance practices.

Looking Ahead

While specific details about the operations and objectives of Lloyds Global Resources FZCO are yet to be disclosed, this strategic move is likely to be watched closely by investors and industry observers. It may potentially open up new avenues for growth and diversification for Lloyds Metals & Energy Limited in the international arena.

Shareholders and interested parties can find more information about this development on the company's official website at www.lloyds.in .

Historical Stock Returns for Lloyds Metals & Energy

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Lloyds Metals and Energy Completes 19.40% Stake Acquisition in Mandovi River Pellets

1 min read     Updated on 12 Sept 2025, 07:05 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Lloyds Metals & Energy Limited (LMEL) has completed the acquisition of a 19.40% equity stake in Mandovi River Pellets Private Limited (MRPPL) for Rs. 16.49 crore. The company received 1,64,90,000 equity shares in its demat account on September 12. This acquisition, previously announced in August, is part of LMEL's strategic expansion plans in the metals and energy sector.

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Lloyds Metals & Energy Limited (LMEL) has successfully completed its acquisition of a 19.40% equity stake in Mandovi River Pellets Private Limited (MRPPL), marking a significant step in its strategic expansion plans.

Acquisition Details

The company received 1,64,90,000 equity shares in its demat account on September 12, representing 19.40% of MRPPL's total issued, subscribed, and paid-up equity share capital. The transaction was executed for a total consideration of Rs. 16.49 crore, as disclosed in the company's official statement to the stock exchanges.

Background and Timeline

This acquisition follows earlier disclosures made by LMEL in August regarding the planned acquisition and subscription. The company had previously announced its intention to acquire a stake in MRPPL, and this transaction marks the successful completion of that process.

Strategic Implications

The acquisition of a significant stake in Mandovi River Pellets Private Limited is likely to strengthen Lloyds Metals and Energy's position in the metals and energy sector. MRPPL's operations in pellet production could potentially complement LMEL's existing business activities and contribute to its growth strategy.

Market Response

The immediate market response to this acquisition was not provided in the available data.

Future Outlook

This acquisition may open up new opportunities for Lloyds Metals and Energy Limited in the pellet manufacturing segment. Investors and market analysts will likely be watching closely to see how this stake in MRPPL will be integrated into LMEL's operations and its potential impact on the company's future financial performance.

Lloyds Metals and Energy Limited continues to demonstrate its commitment to growth and expansion in the metals and energy sectors through strategic acquisitions and investments.

Historical Stock Returns for Lloyds Metals & Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%+7.05%+0.65%+17.27%+44.34%+132.81%
Lloyds Metals & Energy
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