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The Board of Directors of Lloyds Metals And Energy Limited, in a meeting held on December 31, 2025, approved key corporate actions aimed at increasing the company's capital and rewarding employees.

The Board sanctioned the allotment of 5,87,818 equity shares of ₹1 each at ₹4 per share under the Lloyds Metals and Energy Limited Employee Stock Option Plan – 2017. This allotment, made to the Lloyds Employees Welfare Trust, includes a premium of ₹3 per equity share and will increase the company's issued and paid-up equity share capital to ₹52,90,90,088.

Furthermore, the company approved the allotment of 1,52,68,950 equity shares of ₹1 each at a premium of ₹739 per share, following the exercise and conversion of 1,52,68,950 convertible warrants. These warrants were initially allotted on a preferential basis to Promoters and Non-Promoters. The conversion represents the exercise of warrants by Lloyds Enterprises Limited (75,00,002 warrants), Sky United LLP (74,99,998 warrants), Elysian Wealth Fund (1,03,950 warrants), Senthilnathan R. (1,00,000 warrants), and Kalpana Sathishkumaran (65,000 warrants). The total amount received for this conversion is ₹7,34,43,64,950. This allotment will increase the issued and paid-up capital to ₹54,43,59,038.

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 PM and concluded at 12:42 PM IST.