Lloyds Metals & Energy has raised Rs 750 crore through the allotment of 75,000 Unsecured, Senior, Listed, Rated, Redeemable, Non-Convertible Debentures (NCDS) having face value of Rs 1,00,000 each, on a private placement basis. The said NCDs are set to mature on May 7, 2032. The Committee of the Board of Directors of the company, by way of a circular resolution dated May 8, 2026, has, inter alia, considered and approved the allotment of the same.
Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.