Outcome of Board Meeting held on 14th October, 2026

14th October, 2026 BSE Limited National Stock Exchange of India Limited Corporate Services Department Corporate Communications Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai - 400051 BSE Scrip Code: 512455 NSE Symbol: LLOYDSME Sub: Outcome of Board Meeting held on 14th October, 2026 Dear Sir / Madam, In compliance with Regulation 30 and 51 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we would hereby like to inform that the Board at its meeting held today, i.e. Wednesday, 14th October, 2026 inter alia, approved the following: 1. Approval for issuance of Non-Convertible Debentures for an amount not exceeding Rs. 3,000 Crore (Rupees Three Thousand Crore Only) in one or more tranches on private placement basis The Board of Directors have granted an enabling approval for issuance of Non-Convertible Debentures for an amount not exceeding Rs. 3,000 Crore (Rupees Three Thousand Crore Only) in one or more tranches, on private placement basis subject to all applicable regulatory / statutory approval(s). The details required pursuant to Regulation 30 of the Listing Regulations read with Clause A(2)(2.1) of Annexure 18 of SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 (“Disclosure Circular”), are set out under Annexure - A. 2. Approval for Raising of Funds through Issuance of USD-Denominated Notes and/or Other Debt Securities in one or more tranches The Board of Directors of the Company has approved raising of funds through the issuance of United States Dollar (“USD”) denominated senior secured floating rate or fixed rate notes (“Notes”) and/or bonds / debentures / other debt securities (“Securities”), in one or more tranches for an aggregate principal amount of up to USD 130 million (United States Dollar One Hundred and Thirty Million), with an option to upsize the issuance by an additional USD 50 million (United States Dollar Fifty Million), under Regulation S under the United States Securities Act of 1933 and subject to receipt of all applicable regulatory and statutory approvals. The details required pursuant to Regulation 30 of the Listing Regulations read with Clause A(2)(2.1) of Annexure 18 of the Disclosure Circular will be provided upon further approval of the pricing, tenure and other terms and conditions of the proposed issuance by the Board or Committee of the Board of Directors, as authorised by the Board of Directors. 3. Approval for Cancellation of Issuance of Non-Convertible Debentures aggregating up to Rs. 600 Crore on Private Placement Basis The Board of Directors of the Company has approved and noted the cancellation of the proposed issuance of Non-Convertible Debentures (“NCDs”) aggregating up to Rs. 600 Crore (Rupees Six Hundred Crore Only), on a private placement basis, which was approved by the Board of Directors at their meeting held on 21st September, 2026, subject to applicable regulatory/statutory requirements. The approval for the issuance of NCDs aggregating up to Rs. 950 Crore (Rupees Nine Hundred and Fifty Crore Only), on a private placement basis, as approved by the Board of Directors at its meeting held on 21st September, 2026, shall remain unaffected. The Board Meeting commenced at 02:00 P.M. (IST) and concluded at 03:40 P.M. (IST) The same will also be available on the Company’s Website at www.lloyds.in. The same may please be taken on record and suitably disseminated to all concerned. Thanking you. Yours faithfully. For Lloyds Metals and Energy Limited Akshay Vora Company Secretary Encl.: as above Annexure - A The details as required under Regulation 30 of the Listing Regulations read with Clause A(2)(2.1) of Annexure 18 of the Disclosure Circular Sr. Particulars Details 1. Type of securities proposed to be issued Non-Convertible Debentures (“NCDs”) (viz. equity shares, convertibles etc.) 2. Type of issuance (further public offering, Private Placement rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of securities proposed to be To be determined by Board or Committee issued or the total amount for which the authorized by it. securities will be issued (approximately) 4. Size of the issue Aggregate amount not exceeding Rs. 3,000 Crores (Rupees Three Thousand Crore Only) to be issued in one or more tranche / tranches through Private Placement. 5. Whether proposed to be listed? If yes, The debentures to be issued will be listed on BSE name of the stock exchange(s) Limited and / or National Stock Exchange of India Limited. 6. Tenure of the instrument - date of To be determined by Board or Committee allotment and date of maturity authorized by it. 7. Coupon/interest offered, schedule of To be determined by Board or Committee payment of coupon/interest and principal authorized by it. 8. Charge/security, if any, created over the The debentures may be secured or unsecured as assets may be determined by Board or Committee authorized by it at the time of issuance. 9. Special right/interest/privileges attached to To be determined by Board or Committee the instrument and changes thereof authorized by it. 10. Delay in payment of interest / principal Not Applicable amount for a period of more than three months from the due date or default in payment of interest / principal 11. Details of any letter or comments Not Applicable regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any 12. Details of redemption of preference shares Not Applicable indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures ****