The Board of Directors at Lloyds Engineering Works has approved the audited financial results for Q3 & 9M FY26. In addition to results, the board approved key appointments, including Mr. Vinay Kumar Tripathi and Mr. Apurva Chandra as Additional Directors. Furthermore, the board noted the allotment of 43,56,000 ESOP and 15,24,060 ESOP, respectively, under the Employee Stock Option Scheme 2021.
Financial Performance Highlights
The Board of Directors has considered and approved the Audited Financial Results for the quarter and nine months ended December 31, 2025. These results, both standalone and consolidated, are available on the company’s website, www.lloydsengg.in.
Key Appointments
The board approved the appointment of Mr. Vinay Kumar Tripathi (DIN: 09463988) and Mr. Apurva Chandra (DIN: 02531655) as Additional Directors, each in a Non-Executive Independent capacity. Their appointments are effective from February 4, 2026, until the date of the ensuing Annual General Meeting. Further, subject to shareholder approval, both are appointed as Independent Directors for five years, until September 30, 2030.
ESOP Allotment Details
The board noted the allotment of 43,56,000 ESOP at an Exercise Price of Rs. 7.50 and 15,24,060 ESOP at an Exercise Price of Rs. 9.50 under the Employee Stock Option Scheme 2021, already approved by the Nomination and Remuneration Committee.
Other Key Decisions
The Board has also approved draft notice of Extra Ordinary General Meeting scheduled on March 27, 2026. Also, noted termination of Agreement with Monitoring Agency dated February 3, 2026 and other operational adjustments.
Source: BSE
