Lloyds Engineering Works Limited Announces Merger Scheme Absorption of Three Entities

Lloyds Engineering Works Limited Announces Merger Scheme Absorption of Three Entities​

Lloyds Engineering Works Limited (LEWL) has received 'No Objection Certificates' (NOC) for its proposed Scheme of Merger by Absorption. The scheme involves the amalgamation of Lloyds Infrastructure & Construction Limited (LICL), Metalfab Hightech Private Limited (MHPL), and Techno Industries Private Limited (TIPL) into Lloyds Engineering Works Limited.

The Company announced the receipt of the 'No Objection Certificate' for the absorption scheme. LEWL received the required 'No Objection Certificate' from the National Stock Exchange of India Limited (NSE) on May 18, 2026, and from BSE Limited on May 19, 2026.

This development follows the previous intimation from the Company's Board of Directors, which had granted approval to the scheme, subject to the receipt of applicable regulatory and other necessary approvals.

The merger structure involves Lloyds Engineering Works Limited (LEWL) acting as the Transferee Company. The three transferor companies participating in the scheme are:

• Lloyds Infrastructure & Construction Limited (LICL)
• Metalfab Hightech Private Limited (MHPL)
• Techno Industries Private Limited (TIPL)

LEWL reiterated that the merger scheme remains subject to the receipt of necessary statutory and regulatory approvals. These approvals include those from the respective shareholders and creditors of the companies involved in the scheme, as well as the jurisdictional National Company Law Tribunal (NCLT).

LLOYDSENGG Stock Price Movement​

LLOYDS ENGINEERING WORKS LIMITED shares today slipped by 0.48% to settle at ₹68.48. The equity traded on substantial volume, recording a total volume of 7.92 million shares.