Acquisition

18th June, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, 1st Floor, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 512463 NSE Symbol: LLOYDSENT Sub: Outcome of the Board Meeting of Lloyds Enterprises Limited held on Thursday, 18th June, 2026. Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of the Lloyds Enterprises Limited (“Company”) at its meeting held today i.e. Thursday, 18th June, 2026 have considered and approved the following:  Acquisition of Equity Shares of Steel Infra Solutions Company Limited. A Share Purchase, Share Subscription and Shareholders’ Agreement (“SPSSSHA”) dated 18th June, 2026, has been entered between the Company, Lloyds Engineering Works Limited (“Material Subsidiary of the Company/LEWL”), Streamland Estate LLP, Steel Infra Solutions Company Limited (“SISCOL” or the “Target Company”) and shareholders of SISCOL. Pursuant to the SPSSHA, the Company, LEWL and Streamland Estate LLP have agreed to acquire, in aggregate, 3,57,80,117 equity shares of Target Company, constituting 88.12% of the total outstanding equity share capital of the Target Company, constituting 88.12% of the total outstanding equity share capital of the Target Company, for the total consideration of about Rs. 1,073.40 Cr. The acquisition shall be undertaken as follows: a. Acquisition of 73,00,000 equity shares, constituting 17.98% of the total outstanding equity share capital of the Target Company, by Lloyds Enterprises Limited through cash, for the total consideration of about Rs. 219 Cr; b. Acquisition of upto 2,11,80,117 equity shares, constituting 52.16% of the total outstanding equity share capital of the Target Company, by the Lloyds Engineering Works Limited partly through cash and partly through share swap (i.e. non-cash consideration basis), for the total consideration of about Rs. 635.40 Cr; and c. Acquisition of 73,00,000 equity shares, constituting 17.98% of the total outstanding equity share capital of the Target Company, by Streamland Estate LLP through cash, for the total consideration of about Rs. 219 Cr. LLOYDS ENTERPRISES LIMITED Registered Address: A-2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel, Mumbai – 400013 Tel: 022 - 6291 8111 Email: lloydsenterprises@lloyds.in www.lloydsenterprises.in (CIN) L27100MH1986PLC041252 The requisite details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are given under “Annexure A”. The meeting of the Board of Directors commenced at 12:15 P.M. (IST) and concluded at 02:55 P.M. (IST). Kindly take the same on record. Thanking You, Yours Faithfully, For Lloyds Enterprises Limited Pranjal Mahapure Company Secretary & Compliance Officer ACS69408 LLOYDS ENTERPRISES LIMITED Registered Address: A-2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel, Mumbai – 400013 Tel: 022 - 6291 8111 Email: lloydsenterprises@lloyds.in www.lloydsenterprises.in (CIN) L27100MH1986PLC041252 “ANNEXURE A” The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026: Sr. Particulars Details (a) Name of the target Name of the Target Company: Steel Infra Solutions Company Limited entity, details in brief (“SISCOL”/ “Target Company”) such as size, turnover, etc Brief Details of Target Company: The Target Company is engaged in the business of heavy steel fabrication and infrastructure solutions, serving customers across the energy, infrastructure and industrial segments. April 2025- March 2026: Turnover: Rs. 816.87 Crores Net Profit: Rs. 43.42 Crores Authorised Share Capital of the Target Company: Rs. 65,00,00,000 (Rupees Sixty Five Crores only) consisting of 6,50,00,000 (Six Crore Fifty Lakh) equity shares of face value of Rs. 10 each. Total issued, paid-up and subscribed share capital of the Target Company: Rs. 40,60,39,420 (Rupees Forty Crore Sixty Lakh Thirty-Nine Thousand Four Hundred Twenty only) consisting of 4,06,03,942 (Four Crore Six Lakh Three Thousand Nine Hundred Forty-Two) fully paid up equity shares of face value of Rs. 10 each. (b) Whether the The proposed acquisition would not fall within Related Party acquisition would fall Transaction. within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length (c) Industry to which the The Target Company is engaged in the business of heavy steel entity being acquired fabrication and infrastructure solutions, serving customers across the belongs energy, infrastructure and industrial segments. LLOYDS ENTERPRISES LIMITED Registered Address: A-2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel, Mumbai – 400013 Tel: 022 - 6291 8111 Email: lloydsenterprises@lloyds.in www.lloydsenterprises.in (CIN) L27100MH1986PLC041252 (d) Objects and impact of The proposed acquisition is expected to provide the following benefits acquisition (including to the Company: but not limited to, (a) Strategic acquistion and Long-Term Value Creation: The disclosure of reasons for acquisition of target transaction is expected to provide Lloyds Enterprises Limited entity, if its business is along with LEWL, a significant equity stake in the Target outside the main line of Company, enabling participation in its future growth and value business of the listed creation opportunities. The acquisition is anticipated to entity); generate long-term strategic and financial benefits, enhance shareholder value, and support the Company's overall growth. (b) Impact on Consolidated Financial Performance: Upon completion of the acquisition the Company expects a significant enhancement in its consolidated revenue, profitability, and net worth. The acquisition is anticipated to strengthen the Company's financial position and create synergies that are expected to contribute positively to the overall growth and value creation objectives of the Company. (c) Pathway to a future listing of SISCOL: As part of the transaction roadmap, LEWL will endeavour to file the Draft Red Herring Prospectus for its proposed listing within a period of thirty (30) months from the completion of Stage 1 of the transaction. The proposed listing of SISCOL is expected to facilitate independent price discovery of its business, enhance its market visibility and access to capital, and unlock value for all its stakeholders, including the Company as a significant shareholder. (e) Brief details of any Not Applicable governmental or regulatory approvals required for the acquisition; (f) Indicative time period 31st July, 2026 which can be extended mutually. for completion of the acquisition (g) Consideration - An aggregate 3,57,80,117 equity shares of SISCOL, constituting 88.12% whether cash of the total outstanding equity share capital of the Target Company has consideration or share been acquired by the Lloyds Enterprises Limited, Lloyds Engineering swap or any other form Works Limited, and Streamland Estate LLP. The consideration and details of the discharged for the acquisition has been structured through a same; combination of cash consideration and non-cash consideration (share swap), as detailed below: LLOYDS ENTERPRISES LIMITED Registered Address: A-2, 2nd Floor, Madhu Estate, Pandurang Budhkar [Showing first 8,000 characters — download PDF for full document]