Lloyds Engineering Works has announced the establishment of a new subsidiary, "Lloyds Advance Defence Systems Limited," marking a significant strategic expansion into the defence manufacturing sector. The wholly owned subsidiary was incorporated on December 11, 2023, representing a formal corporate structure to enter the defence sector through strategic technology partnerships aimed at delivering enhanced defence solutions.

Strategic Defence Subsidiary Formation

The creation of Lloyds Advance Defence Systems Limited demonstrates a structured approach to defence sector entry by the capital goods manufacturer. This subsidiary formation provides a dedicated corporate entity to focus exclusively on defence-related operations, separate from the parent company's traditional non-electrical equipment manufacturing business.

Technology Partnership Strategy

The subsidiary's business model centers on forming strategic technology partnerships to enhance defence solutions. This collaborative approach suggests the company plans to leverage external expertise and technological capabilities to accelerate its entry into the defence manufacturing space, rather than developing all capabilities independently.

Manufacturing and Supply Capabilities

The defence subsidiary will focus on manufacturing and supplying advanced defence systems across multiple domains. This comprehensive approach positions the company to serve various segments within the defence sector, potentially including specialized defence technology solutions and multi-domain defence equipment supply.

Business Expansion Impact

The establishment of this dedicated defence subsidiary represents Lloyds Engineering Works' commitment to diversifying beyond its traditional capital goods manufacturing operations. This strategic move creates a separate corporate structure to pursue defence sector opportunities while maintaining focus on the company's core non-electrical equipment business.

The subsidiary formation aligns with the company's growth strategy and represents a significant step in expanding its business portfolio to include defence-related manufacturing through strategic partnerships and enhanced solution development.

Lloyds Enterprises Limited has announced the incorporation of a step-down subsidiary through its material subsidiary Lloyds Engineering Works Limited. The new entity, Lloyds Advance Defence Systems Limited, was incorporated on December 11, 2025, with the Certificate of Incorporation issued by the Ministry of Corporate Affairs, Government of India on the same date.

Corporate Structure and Disclosure

The incorporation was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Lloyds Engineering Works Limited, being a material subsidiary of Lloyds Enterprises Limited, incorporated the wholly owned subsidiary, making it a step-down subsidiary of the parent company.

Financial Structure

The newly incorporated defence subsidiary has been established with a defined capital structure to support its operations in the defence manufacturing sector.

Strategic Defence Expansion

The subsidiary has been established with comprehensive objectives in the defence and security sector. The primary business activities include manufacturing, assembly, integration, testing, maintenance, and upgradation of weapons and ammunition. The company will also engage in research, design, development and supply of defence systems, technologies, equipment, and components across land, air, sea, space, and cyber domains.

Advanced Technology Focus

Lloyds Advance Defence Systems Limited will focus on emerging technologies including artificial intelligence, machine learning, robotics, quantum computing, cybersecurity, and autonomous systems. The subsidiary aims to explore opportunities in advanced defence manufacturing and emerging technologies, positioning the group as a significant player in the defence landscape.

Regulatory Compliance

The company has confirmed that no governmental or regulatory approvals are required for this incorporation, and no related party transactions are involved in the establishment of the subsidiary. The disclosure has been made available on the company's website at www.lloydsenterprises.in in compliance with listing regulations.