About Lloyds Enterprises Limited

Lloyds Enterprises Limited was incorporated on October 15, 1986, and operates primarily in the trading of iron and steel, reflecting a legacy within the larger Lloyds Group with decades of experience in metals commerce in India since the late 1980s. The company’s activities centre on sourcing, distribution, and market expansion of steel products, supported by supplier networks and distribution partners aimed at operational efficiency and wider product offerings in the metals value chain. As on March 31, 2025, it has two direct subsidiaries—Lloyds Engineering Works Limited and Lloyds Realty Developers Limited (formerly Aristo Realty Developers Limited)—and one additional direct subsidiary, Indrajit Properties Private Limited, along with two step-down subsidiaries, Simon Developers and Infrastructure Private Limited and Techno Industries Private Limited, and an associate, Cunni Realty and Developers Private Limited. The company’s registered office is in Mumbai, with equity shares listed on BSE and NSE under scrip code 512463 and symbol LLOYDSENT, and ISIN INE080I01025, indicating nationwide investor access and compliance with Indian listing regulations. In FY 2024-25, consolidated total income was Rs 1,570.93 crore and profit after tax Rs 126.30 crore, in line with its trading-led model; standalone total income was Rs 626.76 crore and profit after tax Rs 16.43 crore, highlighting the scale added by subsidiaries to the group profile. The board confirms no material subsidiary as per Regulation 16(1)(c) as on March 31, 2025, with subsidiary oversight via quarterly reviews and presentation of subsidiary board minutes to the company’s board.

Lloyds Enterprises Limited Business Segment

• Nature of industry: Trading of iron and steel as disclosed in the statutory remuneration justification, establishing the company’s principal business.
  

Lloyds Enterprises Limited Key Management

• Babulal Agarwal — Chairman & Managing Director

• Rajesh Gupta — Executive Director

• Manesh Cherian — Non-Executive, Non-Independent Director

• Vikram Chandrakant Shah — Non-Executive, Independent Director

• Mohinder Anand — Non-Executive, Independent Woman Director

• Sandeep Suhas Aole — Non-Executive, Independent Director

• Jagannath P. Dange — Non-Executive, Independent Director

• Satish Kumar Gupta — Non-Executive, Independent Director

Latest Updates on Lloyds Enterprises Limited

• Appointment of Independent Directors: Jagannath P. Dange appointed for 5 years from October 25, 2024; Satish Kumar Gupta appointed for 5 years from December 10, 2024; Vikram Chandrakant Shah reappointed for 5 years from February 5, 2025.

• Leadership remuneration revision: Board approved, subject to shareholders, a remuneration of Rs 1.50 crore per annum (fixed) with performance-linked components for Chairman & Managing Director Babulal Agarwal, effective April 1, 2025, aligning with Schedule V in case of profit inadequacy.

• Secretarial Auditor appointment: Board recommended appointment of M/s. Mitesh Shah & Co., Company Secretaries (peer-reviewed), as Secretarial Auditor for FY 2025-26 to FY 2029-30, subject to shareholder approval, following FY 2024-25 audit by M/s. Mitesh J. Shah Associates.

• Governance and compliance: The company reported full compliance with SEBI Listing Regulations Reg. 17–27 and 46(2)(b–i), no capital markets penalties in the last three years, and adoption of a vigil mechanism and whistle-blower policy with no denial of audit committee access.

• No fund-raising: No proceeds from public, rights, or preferential issues during the year; listing fees and depository custodian fees paid; equity remains listed on BSE and NSE.

Shareholding: Promoter and promoter group held 73.91% of equity as on March 31, 2025; public held 26.09%, reflecting concentrated promoter ownership with broad retail participation.