Ardee Industries Ltd. has achieved a significant milestone with its pure lead brand 'Ardee Lead 9997' receiving approval for listing on the London Metal Exchange (LME). The LME has approved the brand as "good delivery" against its Lead Contract, effective December 23, 2025, marking a major step forward for the IPO-bound company's international expansion.

LME Listing Achievement

The London Metal Exchange approval reflects Ardee Industries' adherence to stringent international standards relating to product quality, consistency, traceability and responsible production practices. The LME serves as the world's leading marketplace for industrial metals, setting global benchmark prices for non-ferrous metals including copper, aluminum, and zinc.

The company's brand 'Ardee' is already listed on the Mumbai-based Multi Commodity Exchange of India Ltd. The entry into the LME will further establish Ardee's credibility and competitiveness in international markets while providing global price benchmarking for its products.

Production Capacity and Product Portfolio

Ardee Industries maintains an annual capacity of 1,04,025 million tonnes per annum of 'Ardee Lead 9997', supplying high-purity lead ingots that meet global delivery specifications. The company's comprehensive product portfolio includes:

• Pure lead
• Lead calcium alloys
• Lead antimony alloys
• Lead tin alloys
• Lead silver alloys
• Lead cadmium alloys

These products find applications in critical industries such as energy storage, e-mobility, automotive and chemicals. The company exports to customers based in Singapore, Hong Kong, South Korea, Switzerland, United Arab Emirates, Japan and United States.

IPO Plans and Financial Structure

New Delhi-based Ardee Industries filed preliminary papers with SEBI in September to launch an Initial Public Offering. The IPO structure comprises specific components designed to support the company's growth and financial optimization.

Out of the fresh issue, ₹220.00 crore will be earmarked for incremental working capital requirements, while ₹22.00 crore will go towards repaying existing debt. The remaining amount will be utilized for general corporate purposes. The IPO proposal is yet to receive SEBI clearance.

Market Impact and Growth Prospects

The LME listing is expected to accelerate sales growth by expanding Ardee Industries' addressable market beyond India, allowing international customers to source its products against globally recognised benchmarks. This development positions the company strategically in the global metals market, enhancing its competitive advantage ahead of the planned public offering.

Arcee Industries Limited has dispatched its postal ballot notice to shareholders for the disposal of immovable property at its registered office in Haryana. The company submitted the notice to BSE Limited on January 5, 2026, initiating the formal voting process for this significant corporate action under Regulation 30 of SEBI Listing Regulations.

Postal Ballot Notice Details

The postal ballot notice seeks shareholder approval for a special resolution under Section 180(1)(a) of the Companies Act, 2013. The voting process and key parameters are outlined below:

Property Disposal Resolution

The special resolution seeks approval for the sale, transfer, or disposal of the company's immovable property located at the registered office. The property specifications and approval framework are detailed below:

Scrutinizer and Compliance

The board has appointed a qualified scrutinizer to oversee the postal ballot process and ensure regulatory compliance:

Rationale for Property Disposal

According to the explanatory statement, the company previously sold plant and machinery to pay raw material suppliers, but the realized amount was insufficient to fully settle creditor payments. With creditors threatening legal action and pending recoveries under advances from customers and security deposits, the board considers the sale of land and building inevitable for creditor payment and to avoid legal complications.

E-Voting Process

The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facilities. Shareholders whose names appear in the Register of Members or Beneficial Owners as of the cut-off date will be eligible to vote electronically. The notice has been sent electronically to all registered email addresses and is available on the company website at www.arceeindustries.in and NSDL's e-voting portal.

The postal ballot represents a crucial step in the company's asset management strategy, requiring shareholder approval for this significant property transaction under statutory provisions.