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Lloyds Metals & Energy Ltd logo

Lloyds Metals & Energy Ltd

NSE: LLOYDSME BSE: 512455

₹1150

(-5.07%)

Wed, 25 Feb 2026, 08:27 am

Company History

1977

  • Llyods Metals & Engineers Limited was incorporated on 5th April as a Private Ltd. Company in the name of Nagarjuna Metals and Engineers Private Ltd.

1986

  • The company was converted into a Public Ltd. Company on 9th September.

1987

  • LMEL obtained the licence to manufacture 12,000 tpa of C.R. Strips.

1990

  • The name of the company was changed to the present one on 5th January.

1991

  • The company commissioned an additional 4-Hi cold rolling mill, increasing the installed capacity of the plant from 12,000 tpa to 46,000 tpa.

1993

  • 900 No. of Equity shares were subscribed for by signatories to the Memorandum of Understanding.
  • 50,05,000 shares were allotted to the promoters.

1994

  • 50,05,900 bonus shares were issued in proportion 1:1.

1995

  • The Company's coal based sponge iron plant at Ghugus was commissioned.
  • The Company proposed to undertake an iron ore mining project and set up a captive power plant.

1996

  • The sponge iron division undertook the second phase to double the sponge iron plant capacity.

1997

  • Lloyds Metals was set up as part of the backward integration of Lloyds Steel into sponge iron.
  • The company was awarded a mining lease of 450 hectares at Gadchiroli.

1998

  • The Credit Analysis and Research Ltd downgraded Lloyds Metals & Engineering Ltd's three non-convertible debenture issues from A to BB.

1999

  • Sponge Iron Division carried out an energy conservation survey.
  • Sponge Iron Division successfully absorbed the technology obtained indigenously.

2007

  • The Company split its face value from Rs10 to Rs2.

2008

  • Mr. B B Chadha was appointed as Additional Independent Director.
  • Smt. V M Bharathy was appointed as Nominee Director of IDBI Bank Ltd.

2009

  • Shri. J S Charlu was appointed as Additional Director.
  • The Registered Office of the Company was shifted from Plot No. A - 9 & 10, MIDC Phase II, Dombivli to Plot No. A 1-2, MIDC Area, Ghugus.

2011

  • The Company has changed its name from Lloyds Metals & Engineers Ltd. to Lloyds Metals & Energy Ltd.

2013

  • The Board of Directors of the Company has appointed Shri Devidas K. Kambale as additional Independent Non-Executive Director.

2014

  • The Board of Directors of the Company has approved the appointment of Shri J. P. Dange as Non-Executive Independent Director.

2018

  • The Company has entered into a MOU with Maharashtra Industrial Development Corporation for acquisition of land.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800