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RS/LLOYDSENGG/BSEL-NSEL/2026/40 June 18, 2026 The Department of Corporate Services, The National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 27th Floor, P.J. Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Mumbai - 400 001 Scrip Code: 539992 Symbol: LLOYDSENGG ISIN: INE093R01011 Dear Sir / Madam, Sub.: General Announcement With reference to the captioned subject, we wish to inform you that the Lloyds Engineering Works Limited (hereinafter referred as the “Company”) shall be raising funds through Preferential Issue of shares. Also note that the details of the aforementioned announcement as required under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with relevant Securities and Exchange Board of India Circulars has been disclosed vide letter RS/LLOYDSENGG/BSEL-NSEL/2026/39 dated June 18, 2026. Kindly take the same on your records. Thanking You, Yours faithfully, For Lloyds Engineering Works Limited Rahima Shaikh Company Secretary and Compliance Officer ACS: 63449 June 18, 2026 Lloyds Engineering Works Limited to Acquire SISCOL, Creating One of India's Most Integrated Engineering, Structural Fabrication and EPC Platforms Acquisition strengthens LEWL's position across infrastructure, industrial and building projects and creates a platform for the next phase of growth targeting ₹10,000+ crore revenue by FY29/30 Mumbai, June 18, 2026: Lloyds Engineering Works Limited (LEWL), one of India's fastest-growing engineering and EPC companies, today announced the acquisition of Steel Infra Solutions Company Limited (SISCOL), among India's leading structural steel engineering and fabrication companies. The acquisition marks a significant milestone in LEWL's transformation from a specialist engineering manufacturer into a fully integrated engineering, fabrication and EPC platform capable of delivering complex projects across industrial infrastructure, transportation, urban development, energy and large commercial construction. Over the last seven years, LEWL has delivered one of the most remarkable growth trajectories in the Indian engineering sector, growing from approximately ₹80 crore of revenue in FY19 to a revenue of ~₹3,000+ crore today, with an order book of over ~₹8,000cr. The acquisition of SISCOL represents the next strategic step in that journey. The combination brings together LEWL's engineering, manufacturing and EPC execution strengths with SISCOL's proven expertise in structural steel design, fabrication and erection, creating a platform capable of delivering large-scale projects end-to-end under a single umbrella. Building Scale for India's Infrastructure Growth India is entering a multi-decade infrastructure investment cycle spanning airports, metro systems, railways, industrial corridors, data centres, defence manufacturing, logistics infrastructure, commercial real estate and urban development. The combined capabilities of LEWL and SISCOL position the company to participate across this opportunity set at significantly larger scale than either business could independently. SISCOL has executed 187 structural steel projects across 22 states since 2018 and has established itself as one of India's most respected names in technically complex structural engineering. Its portfolio includes landmark projects such as: ● Delhi Airport Terminal 1 ● Noida International Airport, Jewar ● Dwarka Convention Centre ● International Hockey Stadium, Rourkela ● International Tech Park, Bengaluru ● Multiple railway and road bridges ● Data centre developments across India ● LPG Extraction Plant, Algeria ● 40-storey di-grid government office building at Amaravati, Andhra Pradesh (under execution,) ● Chalet Hotel, Mumbai, a multi-storey hospitality build. The company also maintains relationships with many of India's leading EPC and infrastructure companies, including L&T, Shapoorji Pallonji, Tata Projects, Adani Group companies, KEC International, Jindal Stainless and DP World. Built by an industry veteran. SISCOL has been built by Ravi Uppal, its Chairman and Managing Director, who brings over four decades of leadership across engineering and infrastructure. Under his leadership, SISCOL has evolved into a high-quality engineering platform in a relatively short span, and his continued association is expected to add considerable value to the combined business. An alumnus of IIT Delhi and IIM Ahmedabad, with an Advanced Management Program from the Wharton School, Mr. Uppal has previously served as Managing Director of Jindal Steel & Power, ABB India and Volvo Group India, and as Whole Time Director at L&T. Importantly, SISCOL will continue to operate under its existing legal entity, brand identity and leadership team following the acquisition. Ravi Uppal will continue as Chairman and Managing Director, supported by the existing senior management team, ensuring continuity for customers, employees and business partners. Strategic Synergies Beyond Revenue Addition The acquisition is expected to create substantial value beyond the immediate addition of revenue and order book. A key differentiator is SISCOL's in-house engineering and design capability, comprising four Centres of Excellence across Bengaluru, Chennai, Hyderabad and Bhilai supported by highly skilled engineering teams. Combined with LEWL's EPC and execution capabilities, the business will be able to offer customers a complete design-to-delivery solution encompassing engineering, structural design, fabrication, civil execution and project delivery. The transaction also unlocks significant operational synergies. Through integration of procurement, project management, engineering resources, manufacturing planning, finance and corporate functions, management expects to drive meaningful efficiency gains and improve operating margins over time. LEWL's balance sheet strength, access to capital, project execution capabilities and group-wide relationships are expected to further accelerate SISCOL's growth trajectory while improving capital productivity and scalability. Creating a National Engineering Champion Following the acquisition, the combined platform will possess: ● Structural fabrication capacity of approximately 150,000 MTPA, with a clear roadmap to expand to approximately 200,000 MTPA, significantly enhancing its ability to execute large and complex infrastructure projects. ● 10+ manufacturing facilities ● 6 engineering and design centres ● Expanded EPC and civil execution capability ● Access to marquee infrastructure and industrial customers ● Significantly enhanced project qualification capabilities ● Supply of critical equipment and technology for several industrial sectors. ● Engineering & manufacturing of equipments and key technologies for Defence ● ELectrical engineering capabilities The acquisition substantially expands LEWL's addressable market and positions the company to bid for larger and more complex projects across airports, convention centres, high-rise buildings, industrial facilities, transportation infrastructure and defence-related opportunities. ShreeKrishna Gupta, Executive Director, Lloyds Engineering Works Limited, said: "This acquisition is not simply about adding capacity; it is about building a platform for the future. SISCOL brings outstanding engineering talent, structural design expertise, fabrication capabilities and a proven execution track record. Combined with Lloyds Engineering's EPC strengths, manufacturing capabilities and growth platform, we believe we can create one of India's leading integrated engineering and infrastructure companies. Over the past several years, Lloyds Engineering has demonstrated its ability to scale rapidly, growing from approximately ₹80 crore of revenue in FY19 to a revenue of ~₹3,000+ crore today, with an order book of over ~₹8,000cr, all while maintaining high profit margins. We see this acquisition as a key enabler of our next phase of g [Showing first 8,000 characters — download PDF for full document]