Lloyds Enterprises Limited has informed the Exchange about receipt of Observation Letter with No Adverse Observation Letter from BSE Limited and Observation Letter conveying No Objection from National Stock Exchange of India Limited in relation to Composite Scheme of Arrangement

Lloyds Enterprises Limited has received observation letters from both BSE (No Adverse Observations) and NSE (No Objection) dated May 15, 2026, for a Composite Scheme of Arrangement. The scheme involves four companies: Transferor Companies - Lloyds Realty Developers Limited and Indrajit Properties Private Limited; Demerged Company - Lloyds Enterprises Limited; and Resulting Company - Lloyds Realty Limited. This is a restructuring under Sections 230-232 and Section 66 of Companies Act, 2013. Both exchanges have granted clearance to file the scheme with NCLT (National Company Law Tribunal), with the approval valid for six months. The scheme remains subject to shareholder, creditor approvals, and final NCLT sanction. The exchanges have specified multiple disclosure requirements including valuation reports, financials for three years, and details of pending legal actions.