Lloyds Enterprises Limited has informed the Exchange about change in Management
LLOYDSENT · price
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Lloyds Enterprises Limited held its Board meeting on May 8, 2026 and approved the following: (1) Audited standalone net profit of Rs. 268.09 crore for FY2026 (vs Rs. 16.43 crore previous year) and consolidated net profit of Rs. 416.96 crore (vs Rs. 123.39 crore); total consolidated income was Rs. 2,183.71 crore; (2) Recommended final dividend of Rs. 0.05 per share (5%) for FY2026, subject to shareholder approval at AGM; (3) Re-appointed M/s. R. D. Nagvekar & Co. as Internal Auditor for FY2026-27; (4) Appointed M/s. V. K. Beswal & Associates as new Statutory Auditor for a 5-year term, replacing the current auditor, subject to AGM approval; (5) Re-appointed Mr. Sandeep Suhas Aole as Independent Director for a second term of 5 years from May 27, 2027 to May 26, 2032. The company also disclosed strategic moves including investment in India's first privately operated gold mine (Geomysore Services India), acquisition of 51% in Calculus Logistech, and a composite scheme of arrangement for merger/demerger involving group companies.
Strong financial performance with 3x growth in standalone net profit and nearly 4x growth in consolidated net profit year-on-year. The appointment of a new statutory auditor and composite scheme of arrangement indicate ongoing corporate restructuring. Dividend payout remains modest at 5%, reflecting retention of capital for growth initiatives.