Lloyds Engineering Works Limited (LEWL) has announced a strategic partnership with CEMI Process Optimization, a global technology company specializing in advanced process control, dynamic simulation, and industrial vision systems. This five-year agreement positions LEWL to represent CEMI in the Indian market, promoting and selling their products and services, including software solutions and specialized equipment for process optimization.

Expanding Technological Capabilities

CEMI, headquartered in Brazil, has a strong track record in the mining, cement, and steel sectors through its proprietary platforms such as OptProcess®, OptVision®, and OptGrade®. These solutions are designed to enhance operational stability, reduce energy consumption, and deliver measurable cost savings. With a presence in North & South America, Middle East, Europe, and Ukraine, CEMI is now accelerating its global expansion into Asian countries, with India identified as one of its highest growth markets.

Strategic Alignment

The partnership leverages complementary strengths of both companies. Lloyds Engineering brings deep project execution, engineering design, and industrial integration experience, while CEMI contributes world-class digital process optimization tools. Together, they aim to provide end-to-end solutions, from plant design and equipment to digital optimization.

Market Opportunity

India's mining, steel, and cement industries are entering a phase of large-scale expansion and modernization. However, automation and digital adoption in these sectors remain low, presenting a significant opportunity for LEWL and CEMI to introduce next-generation process intelligence solutions.

Key Benefits of the Partnership

1. Technology Differentiation: Strengthens Lloyds' portfolio with advanced digital and automation capabilities.
2. Market Expansion: Provides entry into India's under-penetrated process optimization space, where adoption is set to accelerate.
3. Revenue Diversification: Opens new, high-margin revenue streams including recurring SaaS-based services.
4. Strategic Positioning: Positions Lloyds Engineering at the intersection of industrial growth and digital transformation.

Executive Perspective

Mr. Shreekrishna Gupta, Executive Director of Lloyds Engineering Works Limited, expressed optimism about the partnership: "This collaboration reflects our intent to move beyond conventional engineering and bring cutting-edge AI-based technologies to India's mineral processing industries. Lloyds Engineering's execution capabilities combined with CEMI's proven innovation create a strong platform to capture the emerging demand for efficiency, sustainability, and cost competitiveness. We see this as a long-term value driver for our shareholders."

Looking Ahead

As India's industrial sector continues to grow and modernize, the LEWL-CEMI partnership is well-positioned to capitalize on the increasing demand for advanced process optimization solutions. This strategic move aligns with India's push for technological advancement and efficiency in its core industrial sectors.

The partnership is set to commence immediately, with both companies working closely to introduce CEMI's solutions to the Indian market. Industry observers will be watching closely to see how this collaboration shapes the future of process optimization in India's industrial landscape.

Lloyds Engineering Works Limited has bolstered its board with the appointment of two new Independent Directors, bringing valuable expertise in sustainability and engineering to the company.

New Appointments

The company has appointed Mrs. Alka Upadhyay and Mr. Ashok Tandon as Independent Directors for a term of five consecutive years. The appointments were recommended by the Nomination and Remuneration Committee, approved by the Board of Directors on July 1, 2025, and subsequently ratified by shareholders at the 31st Annual General Meeting held on August 21, 2025.

Terms of Appointment

• Mrs. Alka Upadhyay's term runs from July 1, 2025 to September 30, 2029.
• Mr. Ashok Tandon's term spans from July 2, 2025 to September 30, 2029.

Expertise of New Directors

Mrs. Alka Upadhyay

Mrs. Upadhyay, 54, brings nearly three decades of experience in sustainability and ESG (Environmental, Social, and Governance) to the board. Her career highlights include:

• Partner at CCaSS practice of Ernst & Young (EY) India until March 2025
• 24 years with the Tata Group, spearheading group-wide ESG transformation
• Expertise in business development, low-carbon strategy, and operational excellence
• Instrumental in crafting and implementing low-carbon strategies for over 25 Tata companies
• Recipient of the Young Metallurgist Award from the Ministry of Steel, Government of India
• Alumna of the Harvard Business School through Senior Executive Leadership Program
• Holds a degree in Metallurgical Engineering from BIT Sindri

Mr. Ashok Tandon

Mr. Tandon, 66, is a mechanical engineer with over 40 years of experience in various industrial sectors. His profile includes:

• Extensive experience in Engineering, Steel, Oil & Refinery, and Capital Equipment/EPC sectors
• Held senior leadership roles in reputed organizations including HPCL, Ispat Industries, and the Welspun Group
• Served as Profit Centre Head for Strategic Business Units for over 27 years
• Strong track record in business leadership, strategic planning, and project execution
• Graduate in Mechanical Engineering from SGS Institute of Technology & Science, Indore

Board Independence

Both Mrs. Upadhyay and Mr. Tandon are not related to any other company directors and hold no directorships in other listed entities, ensuring their independence on the board.

Shareholder Approval

The appointments of Mrs. Upadhyay and Mr. Tandon were overwhelmingly approved by shareholders at the Annual General Meeting:

These appointments reflect Lloyds Engineering Works' commitment to strengthening its board with diverse expertise in crucial areas such as sustainability, ESG, and engineering, which are likely to contribute significantly to the company's future growth and strategic direction.