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Lloyds Metals And Energy Limited announced today, December 31, 2025, that its Board of Directors has approved the allotment of 5,87,818 equity shares under the Lloyds Metals and Energy Limited Employee Stock Option Plan – 2017. These shares are issued at Rs. 4 per equity share, including a premium of Rs. 3. This allotment increases the company's issued and paid-up equity share capital to Rs. 52,90,90,088.

Furthermore, the Board approved the conversion of 1,52,68,950 convertible warrants into equity shares. These warrants were initially allotted on a preferential basis to Promoters and Non-Promoters. The conversion involved receipt of the balance subscription amount of Rs. 481 per warrant, aggregating to Rs. 7,3443,64,950 (₹734.43 crore). The equity shares were issued at a premium of Rs. 739 per share, making the total issue price Rs. 740 per share.

The company also approved the grant of 1,60,000 employee stock options under the “Lloyds Metals and Energy Employee Stock Option Scheme – 2024”. The exercise price for these options is set at Rs. 4 per option, with a vesting period of a minimum of one year from the date of grant. The Board meeting commenced at 12:02 P.M. and concluded at 12:42 P.M. IST.