Lloyds Engineering Works Limited has announced the termination of its Monitoring Agency Agreement with India Ratings and Research Private Limited, which was originally established to oversee the utilisation of proceeds from the company's Rights Issue. The termination notice was received on February 3, 2026, marking the end of an agreement that had been in place since November 13, 2024.

Agreement Termination Details

The monitoring agency agreement was terminated due to disagreement on commercial terms between Lloyds Engineering Works Limited and India Ratings and Research Private Limited. The original agreement was executed on November 13, 2024, specifically for monitoring the proceeds raised through the Rights Issue of shares.

Regulatory Compliance and Impact

The company has emphasised that the termination of the monitoring agency agreement does not have any material adverse impact on its operations or financial position. Lloyds Engineering Works Limited has committed to maintaining full compliance with applicable SEBI regulations relating to monitoring and reporting of utilisation of issue proceeds.

Key compliance measures include:

• Continued filings with stock exchanges
• Appointment of a new monitoring agency within statutory timelines
• Adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Corporate Disclosure Requirements

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the regulatory framework, including the nature of the agreement, execution date, and reasons for termination.

Next Steps

Lloyds Engineering Works Limited will proceed with appointing a new monitoring agency to ensure continued oversight of the Rights Issue proceeds utilisation. The company has assured stakeholders that it will maintain transparency and regulatory compliance throughout this transition period, with all necessary filings and disclosures being made to the relevant stock exchanges and regulatory authorities.

Lloyds Engineering Works Limited has announced the issuance of a First and Final Call Notice for payment on partly paid equity shares. The notice pertains to shares that were issued and allotted on rights basis pursuant to a Letter of Offer dated April 19, 2025.

Record Date and Eligibility

The company has fixed January 28, 2026 as the record date for determining eligible shareholders. The First and Final Call Notice, along with detailed instructions and ASBA Application Form, is being sent to holders of partly paid equity shares whose names appear in the Register of Members as on this record date.

Document Availability

The company has made all relevant documents accessible to shareholders through multiple channels. The First and Final Call Notice, detailed payment instructions, and ASBA Application Form are available on the company's official website at https://lloydsengg.in/rights-issue-2024-25/ . Additionally, these documents can be accessed through the company's Registrar & Transfer Agents' website at https://www.bigshareonline.com/Services.aspx/ .

Corporate Communication

The announcement was made in continuation to the company's earlier communication dated January 21, 2026. The notice was signed by Rahima Shaikh, Company Secretary & Compliance Officer (ACS: 63449), and digitally authenticated on January 30, 2026. This communication ensures transparency and provides shareholders with adequate notice and access to necessary documentation for the call payment process.