Outcome of Board Meeting

03rd November, 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 03rd November, 2026 Dear Sir / Madam, This has reference to the intimation of meeting of Board of Directors (“Board”) of Lloyds Metals and Energy Limited (“Company”) dated 29th October, 2026 and 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. Tuesday, 03rd November, 2026 inter alia, approved the following: 1. Unaudited Financial Results and Statements (Standalone and Consolidated) for the Quarter and Half Year ended 30th September, 2026. A copy of Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September, 2026 for the Financial Year 2026-27, along with the Limited Review Report issued by the Statutory Auditors is enclosed herewith. The aforesaid financial results have been duly reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held today i.e. Tuesday, 03rd November, 2026. We would like to further inform you that the Statutory Auditors of the Company have conducted a Limited Review of the aforesaid financial results. We are enclosing herewith the following: a. The Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half year ended 30th September, 2026 along with Limited Review Report issued by the Statutory Auditors thereon. b. Security Cover certificate in the prescribed format for the quarter ended 30th September, 2026, in terms of regulation 54 of Listing Regulations. c. Statement Indicating the utilization of issue proceeds of Non-Convertible Debentures and Nil Deviation and Variation in the use of issue proceeds for the quarter ended 30th September, 2026 pursuant to Regulation 52(7) and (7A) of the Listing regulations read with Master circular dated 11th July, 2025. 2. Grant of Employee Stock Options under the "Lloyds Metals and Energy Limited Employee Stock Option Plan - 2017" and “Lloyds Metals and Energy Employee Stock Option Scheme – 2024”. The Board of Directors of the Company has approved, the grant of 62,000 (Sixty-Two thousand Only) Employee Stock Options under the Lloyds Metals and Energy Limited Employee Stock Option Plan – 2017 (“ESOP 2017”) and 13,08,571 (Thirteen Lakh Eight Thousand Five Hundred and Seventy-One Only) Employee Stock Options under the Lloyds Metals and Energy Employee Stock Option Scheme 2024 (“ESOP 2024”) The details required pursuant to Regulation 30 of the Listing Regulations read with Clause B(10) of Annexure 18 of SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 (“Disclosure Circular”) are enclosed hereto as Annexure -A. 3. Approval for Capital Expenditure and Strategic Investment in Power Generation Initiatives and Renewable Energy Projects. a) Approval for Setting up of 360 MW Thermal Power Plant by the Company at Konsari, Maharashtra The Board of Directors of the Company has approved the establishment of a 2 × 180 MW Thermal power plant at Konsari, Maharashtra, with an aggregate installed capacity of 360 MW. The proposed power plant is primarily intended to meet the power requirements of the Company’s integrated operations at Hedri and Konsari. The details required pursuant to Regulation 30 of the Listing Regulations read with Clause B (3)(3.1) of Annexure 18 of Disclosure Circular, are set out under Annexure -B. b) Approval for Investment of upto 30% Stake in Renewable Energy Projects for Procurement of 168 MW Power through the Captive Route. The Board of Directors of the Company has accorded an enabling approval to the proposal for undertaking investments in renewable energy projects for captive consumption, in line with the Company's commitment towards sustainable and renewable sources of energy and to meet its long-term operational and energy requirements. In this regard, the Company is evaluating potential investment opportunities and associated power procurement arrangements for securing renewable energy capacity, envisaged to be implemented in one or more tranches. The details as required under Regulation 30 of the Listing Regulations read with Part A Clause A(1)(1.1) of Annexure 18 of the Disclosure Circular will be provided upon further approval of terms and conditions by the Board or Committee of the Board of Directors, as authorised by the Board of Directors. 4. Approval for further investment in Thriveni Earthmovers and Infra Private Limited, subsidiary of the company, by way of subscription to rights issue / further issue of capital. The Board has approved investment in Thriveni Earthmovers and Infra Private Limited (“TEIL”), subsidiary of the Company, upto an aggregate value of Rs. 625 crores (Rupees Six Hundred Twenty-Five Crore Only), by way of subscribing to the rights issue / further issue of capital in one or more tranches offered by it. The details as required under Regulation 30 of the Listing Regulations read with Part A Clause A(1)(1.1) of Annexure 18 of Disclosure Circular are attached herewith as Annexure -C. 5. Approval for Raising of Funds through Issuance of Foreign Currency Denominated Notes) and/or INR Non-Convertible Debentures (“INR NCDs”) 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 or unsecured 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 300 Million (United States Dollar Three Hundred Million Only), 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, are set out under Annexure -D. The Board Meeting commenced at 03:57 P.M. (IST) and concluded at 05:11 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 T odarwal T odar\Val LLP Chartered Accountants Independent Auditor's Limited Review Report on the Quarterly/Half Yearly Unaudited Standalone Financial Results of the Company Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to, The Board of Directors Lloyds Metals and Energy Limited Plot No A-5/5, MIDC Industrial Area, Murbad, Thane MH 421401. Dear Sirs, Re: Limited Review Report of the Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026 We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of Lloyds Metals and Energy Limited for the quarter and half year ended September 30, 2026 ("the Statement") attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, ('the Regulation') as amended (the "Listing Regulations"). This Statement which is the responsibility of the Company's Management and approved by the Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting "("Ind AS 34"), prescribed under Se [Showing first 8,000 characters — download PDF for full document]