Lloyds Metals has approved its unaudited financial results for the quarter and half-year ended September 30, 2025. The board also approved subscribing to a 20% equity stake in LT Gondwana Skill Hub Private Limited for ₹25,000 and the purchase of approximately 290 acres of land in Gadchiroli District, Maharashtra, for future expansion.
Financial Performance Approval
The board has approved the unaudited financial results (standalone and consolidated) for the quarter and half-year ended September 30, 2025 (Q2 FY26). These results have been reviewed by the Audit Committee and approved by the Board of Directors.
Equity Stake in LT Gondwana
Lloyds Metals will subscribe to 2,500 equity shares, representing a 20% stake, in LT Gondwana Skill Hub Private Limited, for an aggregate consideration of ₹25,000. This investment aims to support skill development and employment generation in the Gadchiroli tribal community, ensuring a skilled manpower supply.
Land Acquisition for Expansion
The board has also approved the purchase of approximately 290 acres of land in Gadchiroli District, Maharashtra. This acquisition is intended for future expansion and related business purposes. The consideration for this acquisition is up to ₹60 crores, excluding additional costs.
Materiality Policy Amendment
The Board authorized company officials to determine the materiality of events or information and to make appropriate disclosures, including the Managing Director, the Chief Financial Officer, and the Company Secretary & Compliance Officer.
Source: BSE
