Lloyds Metals & Energy has completed the allotment of ₹700 crore worth of Non-Convertible Debentures (NCDs) through a private placement, securing long-term debt funding for its operations. The Committee of the Board of Directors approved the allotment via a circular resolution dated August 07, 2026, marking the finalization of the issuance process previously intimated to exchanges.

The company issued 70,000 debentures with a face value of ₹1,00,000 each. These senior, secured, listed, and rated instruments carry a fixed coupon rate of 9.02% per annum. The NCDs have a tenor of 10 years from the deemed date of allotment, with maturity scheduled for August 06, 2036. Interest payments will be made annually, with principal repayment occurring in installments starting from August 2033 through maturity.

The debt issuance is backed by an exclusive first charge by way of hypothecation over specific movable plant and machinery assets. The collateral includes Grinding Unit - 1 at Hedri, the DRI Konsari facility (2 x 100 TPD), and the 4 MW Power Plant at Konsari. Lloyds Metals & Energy has committed to maintaining a Security Cover Ratio of not less than 1.25:1 until the final settlement date, ensuring adequate asset backing for the lenders.

Credit rating agencies have assigned strong investment-grade ratings to the issue, reflecting the company’s creditworthiness. India Ratings and Research Private Limited assigned an 'IND AA/Stable' rating, while Crisil Ratings Limited provided a 'Crisil AA/Stable' rating. These ratings indicate a low credit risk profile for the debenture holders.

The allotment was disclosed pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details were submitted to BSE Limited and the National Stock Exchange of India Limited on August 07, 2026. The NCDs are proposed to be listed on the National Stock Exchange of India Limited (NSE).

What the Numbers Show

The successful closure of the ₹700 crore private placement provides Lloyds Metals & Energy with substantial long-term capital at a fixed cost of 9.02%. By securing this funding against tangible assets like grinding units and power plants, the company has locked in financing without diluting equity. The dual 'AA' ratings from leading agencies suggest that investors view the secured nature of the debt as sufficiently robust, allowing the company to raise significant capital for potential expansion or working capital needs while maintaining a stable capital structure.

Lloyds Metals & Energy Limited will host an earnings conference call for investors and analysts on Tuesday, August 11, 2026, at 3:30 PM IST. The session aims to provide clarity on the company’s Unaudited Financial Results for the quarter and three months ended June 30, 2026, offering stakeholders direct access to management for a Question & Answer segment following the initial presentation.

The disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the BSE Limited and the National Stock Exchange of India Limited regarding the schedule, ensuring regulatory compliance for disseminating material information to the market.

Event Details and Management Participation

The conference call will be conducted via telecommunication, allowing participants to join through dial-in numbers or a dedicated Diamond Pass link provided by Nomura Corporate Access. The session will begin with a brief management discussion before opening the floor for interactive queries from the investor and analyst community.

Key executives scheduled to speak include:

Jashandeep Singh, Materials Analyst, India, at Nomura, will moderate the proceedings.

Strategic Context

While the specific financial figures for Q1FY27 are not detailed in this intimation, the call provides a platform to discuss operational performance against the backdrop of Lloyds Metals’ broader strategic initiatives. The company currently operates India’s largest iron ore mine with a capacity of 26 MTPA. Its pellet plant has an existing capacity of 8 MTPA, which is under expansion to reach 12 MTPA, alongside 0.7 MTPA of Direct Reduced Iron (DRI) production.

Furthermore, management may address progress on forward integration plans, including the establishment of a total steel production capacity of 4.2 MTPA and diversification efforts into the non-ferrous segment through entry into the copper business. These structural developments remain critical to the company’s long-term value proposition as it transitions beyond raw material extraction.

Investors can access the invitation and related materials on the company’s website at www.lloyds.in . The event is organized by Nomura for its clients for general information and education purposes.