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Lloyds Metals And Energy Limited announced today, December 31st, 2025, that its Board of Directors has approved two significant corporate actions.

Firstly, the company approved the allotment of 5,87,818 equity shares under the Lloyds Metals and Energy Limited Employee Stock Option Plan – 2017. These shares are allotted to the Lloyds Employees Welfare Trust at Rs. 4 per equity share, including a premium of Rs. 3. Following this allotment, the company's issued and paid-up equity share capital has increased to Rs. 52,90,90,088, comprising 52,90,90,088 equity shares of Re. 1 each.

Secondly, the Board approved the allotment of 1,52,68,950 equity shares upon the conversion of preferentially issued convertible warrants by both promoters and non-promoters. This conversion is in furtherance of previous intimations regarding the allotment of 3,67,95,000 convertible warrants. The conversion price was Rs. 740 per warrant, with Rs. 259 received initially and the balance Rs. 481 received upon conversion. The total amount received for this conversion is Rs. 7,34,43,64,950. The newly allotted equity shares will rank pari passu with existing shares. The company's issued and paid-up capital will increase to Rs. 54,43,59,038, comprising 54,43,59,038 equity shares of Re. 1 each.

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 Rs. 4 per option. The Board meeting commenced at 12:02 PM IST and concluded at 12:42 PM IST.