LLOYDSENGGNSELLOYDS ENGINEERING WORKS LIMITEDMediumNeutral
Announced Fri, 27 Mar · 18:35 IST

LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

LLOYDSENGG · price

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Price reaction · full curve 14 horizons · vs prior close
+6.1%1-day move
₹38.99
prior close
₹38.79
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6+0.0+1.3+0.7+6.1+7.5+12.7+17.1+25.7+28.2+47.9+47.7+83.3+122.2
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AI summary

Lloyds Engineering Works Limited announced the appointment of three directors approved at an Extraordinary General Meeting held on March 27, 2026. Mr. Vinay Kumar Tripathi (former Chairman, Railway Board & CEO, Ministry of Railways) and Mr. Apurva Chandra (retired 1988-batch IAS officer, Maharashtra cadre) have been appointed as Independent Directors for a term up to September 30, 2030. Mr. Balasubramaniam Prabhakaran, currently Managing Director of group company Lloyds Metals and Energy Limited and founder of Thriveni Earthmovers, has been appointed as a Non-Executive Non-Independent Director for the same term. None of the appointees are related to existing directors, and none are debarred by SEBI from holding director positions.

Likely market impact

The board has been strengthened with the addition of two high-profile independent directors with deep government and policy experience, plus a senior representative from the promoter group company Lloyds Metals. This is a routine governance update with no immediate financial impact, though it signals closer integration between Lloyds Engineering Works and the broader Lloyds Metals group.