Lloyds Metals FY26: ballot results, board meet, NCD

Key filings cluster around governance and fundraising

Lloyds Metals and Energy Limited has made a series of stock exchange disclosures spanning shareholder voting, board and committee meetings, fundraising proposals, credit rating updates, and an acquisition completion. The flow of announcements signals an active corporate calendar around the FY2026 close.

Among the latest updates, the company submitted the Scrutinizers Report for its postal ballot and separately informed the exchange about the voting results. It also scheduled an earnings conference call for investors and analysts for Q4FY26.

Postal ballot: scrutinizer’s report and voting results filed

The company disclosed that it has submitted a copy of the Scrutinizers Report of the postal ballot. In a related filing, it informed the exchange regarding voting results.

Separately, Lloyds Metals had earlier communicated that it completed the dispatch of its postal ballot notice seeking shareholder approval for material related party transactions (RPT). The proposed RPT value disclosed was ₹15,820 crore, involving subsidiary Thriveni Earthmovers and Infra Private Limited.

Related party transaction proposal: process and dates

As per the company’s earlier timeline, remote e-voting was arranged from March 31 to April 29, 2026. The company indicated that results were expected by May 4, 2026.

It also stated that newspaper advertisements were published as part of the process. The combination of a postal ballot notice, e-voting window, and scrutinizer’s report reflects the standard regulatory route for material shareholder approvals.

Board meeting on May 5 to consider audited FY26 results

Lloyds Metals informed BSE that a meeting of the Board of Directors was scheduled on Tuesday, May 5, 2026. The disclosure indicated the meeting would consider items including FY2026 audited results.

The same context also pointed to consideration of a final dividend and approval related to fundraising through non-convertible debentures (NCDs) via private placement, up to ₹2,500 crore. These are agenda items referenced in the company’s exchange-facing communication.

Committee meeting on April 29 focused on debt issuance

The company also filed a board committee meeting intimation for April 29, 2026, stating that committees of the Board of Directors would meet to consider and approve fundraising by way of issuance of debt.

An outcome filing referenced a committee of the board meeting held on April 29, 2026. In the same disclosure trail, an update also noted approval for issuance of NCDs up to 7.50 billion rupees, which is ₹750 crore.

Earnings conference call: Q4FY26 investor interaction

In addition to statutory filings, Lloyds Metals intimated an earnings conference call for investors and analysts for Q4FY26. Another update noted the company scheduled its Q4FY26 earnings call on May 6 with the management team.

Such calls are typically used to discuss quarterly performance, operating context, capital allocation, and near-term priorities, based on the financial results released to exchanges.

Credit rating update from India Ratings

The company informed the exchange about credit rating actions by India Ratings and Research Private Limited dated March 17, 2026. India Ratings affirmed the company’s IND AA/Stable issuer rating.

It also assigned IND AA/Stable/IND A1+ ratings for bank loan facilities worth ₹7,503 crore, as stated in the disclosure.

Acquisition: completion of CHEMAF Group transaction

Under Regulation 30 (LODR) relating to acquisition, Lloyds Metals disclosed completion of the acquisition of the CHEMAF Group of Companies by Virtus Lloyds Minerals Holding. The acquirer was described as a step-down subsidiary of the company.

The filing date and time in the provided disclosure trail were March 30, 2026 at 02:27 pm, with BSE as the source.

Financial backdrop and earlier expansion approvals

In earlier results-related disclosures for Q3FY26, Lloyds Metals reported consolidated revenue of ₹4,910 crore versus ₹1,670 crore in Q3FY25, and consolidated net profit of ₹1,090 crore versus ₹390 crore. Consolidated EBITDA was reported at ₹1,760 crore versus ₹536 crore, with EBITDA margin of 35.85%.

On a standalone basis for the quarter ended December 31, 2025, revenue from operations was stated at ₹3,800.79 crore and profit after tax at ₹888.55 crore. For the nine months ended December 31, 2025, revenue from operations was ₹8,629.80 crore and profit after tax was ₹2,128.67 crore.

The board had also approved an ₹8,000 crore second slurry pipeline project and pellet plant capacity increases from 4 MTPA to 5 MTPA for each of two pellet plants, with ₹150 crore capex indicated for each plant and completion timeline referenced as FY 2026-27.

Snapshot table: key disclosures and numbers

What investors will track next

The May 5 board meeting is a key near-term milestone because it is expected to address FY2026 audited results and a final dividend consideration, as indicated in the company’s meeting intimation. Fundraising remains a parallel theme, with committee-level approval already referenced for NCD issuance up to ₹750 crore and a board agenda item mentioning NCD issuance up to ₹2,500 crore.

The Q4FY26 earnings call scheduled for May 6 is likely to be the next structured forum where management commentary accompanies the reported numbers and corporate actions already disclosed to exchanges.