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Lloyds Metals and Energy Limited announced the outcome of its Board Meeting held on December 31, 2025. The Board approved the allotment of 5,87,818 equity shares under the Lloyds Metals and Energy Limited Employee Stock Option Plan – 2017, at Rs. 4 per equity share, including a premium of Rs. 3 per share. This allotment increases the company's issued and paid-up equity share capital to ₹52,90,90,088, comprising 52,90,90,088 equity shares of Re. 1 each.

Furthermore, the Board approved the allotment of 1,52,68,950 equity shares upon the conversion of preferentially issued convertible warrants by Promoters and Non-Promoters. These warrants were converted at an issue price of ₹740 per warrant, with a premium of ₹739 per share. The conversion involved the receipt of the balance subscription amount of ₹481 per warrant, aggregating to ₹7,34,43,64,950. The total issued and paid-up capital will increase to ₹54,43,59,038, comprising 54,43,59,038 equity shares.

Additionally, the Board approved the grant of 1,60,000 employee stock options under the "Lloyds Metals and Energy Employee Stock Option Scheme – 2024", with an exercise price of ₹4 per option. The meeting commenced at 12:02 P.M. and concluded at 12:42 P.M. IST.