The Board of Directors of Lloyds Engineering Works Limited has approved the reappointment of Mr. Kishor Mohanlal Pradhan as a Non-Executive Independent Director. This reappointment is for a second term of five consecutive years, starting from July 22, 2026, until July 21, 2031. The decision is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming Extra Ordinary General Meeting (EGM) scheduled for March 27, 2026.
Board Approval for Director Reappointment
Lloyds Engineering Works Limited announced that its Board of Directors, acting via a circular resolution on February 26, 2026, has sanctioned the reappointment of Mr. Kishor Mohanlal Pradhan (DIN: 02749508). Mr. Pradhan currently serves as a Non-Executive Independent Director of the Company.
Details of the Second Term
The reappointment is approved for a second term lasting five years. This new term is set to commence on July 22, 2026, and will conclude on July 21, 2031. This renewal is contingent upon receiving the necessary approval from the company’s Members/Shareholders.
EGM Schedule
To secure the shareholder mandate for this reappointment, the Board has also approved the convening of an Extra Ordinary General Meeting (EGM). The EGM is officially scheduled to take place on Friday, March 27, 2026.
Profile of Mr. Kishor Mohanlal Pradhan
Mr. Pradhan, who is 67 years old, possesses extensive experience as a Banking Professional. His distinguished career spanned 37 years, primarily with the Industrial Development Bank of India (IDBI), having joined in 1983. He retired from IDBI as a General Manager. During his tenure, he also served a three-year deputation as the Chief Executive Incharge for Investor Services of India Limited, an IDBI subsidiary.
His broad operational experience includes key areas such as Project Finance, Central Administration, Research, Resource Management, Human Resources, Audit, and Business Development.
Relationship Disclosure
It is confirmed that Mr. Kumar Mohanlal Pradhan is not related in any manner to any other Director currently serving on the Board of Lloyds Engineering Works Limited.
Compliance Status
The documentation confirms that Mr. Pradhan is not debarred from holding the office of Director by any order issued by SEBI or any other relevant authority.
Source: BSE
