Scrutinizer s Report and Result of E-voting of the 48th Annual General Meeting of the Company held through Video Conferencing & Other Audio Visual Means on 2nd June, 2025

Lloyds Metals and Energy Limited held its 48th AGM on 2nd June 2025 via video conferencing, where all 20 resolutions were passed with requisite majority. Key approvals included adoption of standalone and consolidated financial statements for FY25, declaration of a dividend, appointment of Mr. Babulal Agarwal as Non-Executive Director and Mr. Rajesh Gupta as Managing Director, ratification of cost auditors, and appointment of Mitesh Shah & Co. as secretarial auditor for five years. Shareholders also approved material related party transactions with six entities including Thriveni Earthmovers, Lloyds Infrastructure & Construction, Mandovi River Pellets, Lloyds Engineering Works, Lloyds Surya, and Sunflag Iron and Steel. Notable shareholder dissent (24.91% against) was recorded on RPTs with Thriveni Earthmovers and Thriveni Earthmovers & Infra, while other RPTs passed with 75-86% support. The AGM also approved a waiver of excess remuneration paid to Executive Directors (89.50% in favor), variation in executive remuneration terms (83.82% in favor), enhanced borrowing limits under Section 180(1)(c), creation of mortgage/charge on assets, and issuance of securities via private placement/preferential allotment/QIP (98.25% in favor).