LLOYDS ENGINEERING WORKS LIMITED — Board/Management Information 2021

May 31, 2021

LLOYDS STEELS INDUSTRIES LIMITED

Corporate Office :A-2, Madhu Estate, 24 Floor, Pandurang Budhkar Marg, Lower Parel (W), Mumbai 400 013. Tel: 91-22-6291 8111 email : infoenggya@lloyds.in. website: www.lloydsengg.in CIN : L28900MH1994PLC081235

MP/LSIL/BSEL-NSEL/ 2021/23 * 31.05.2021

"0,

a
	LLOYDS STEELS INDUSTRIES LIMITED
Tel: 91-22-6291 8111	Corporate Office :A-2, Madhu Estate, 24 Floor, Pandurang Budhkar Marg, Lower Parel (W), Mumbai 400 013. email : infoenggya@lloyds.in. website: www.lloydsengg.in CIN : L28900MH1994PLC081235
MP/LSIL/BSEL-NSEL/ 2021/23	31.05.2021 *
BSE Limited Dalal Floor, P.J. Towers, 27th Mumbai - 400 001	The Department of Corporate Services, The National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Street, Bandra (East), Mumbai - 400 051
Scrip Code 539992 :	Symbol: LSIL

Dear Sir,

Sub.: Outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with _ Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

The Board Meeting commenced today at 12.30 p.m. and concluded at 1.00 p.m.

With reference to the captioned subject, we wish to inform you that the Board of Directors of the Company at their meeting held today i-e. 31st May,2021 have inter-alia considered, noted and approved the following:

• 1. Shree Global Tradefin Limited along with Persons Acting in Concert has become the promoter of the company with effect from 18% May, ²⁰²¹ consequent to acquision of the entire shareholding from the erstwhile promoter of the company.
• 1. Pursuant to the above acquisition, Shree Global Tradefin Limited has become the "Holding Company" of Lloyds Steels Industries Limited w.e.f. 21st May 2021. *
• 1. Appointment of Mr. Mukesh Gupta (DIN: 00028347), the Promoter of the Company as a Whole Time Director (Designated as Chairman & Whole Time Director) w.e.f. 31st May, 2021 subject to the approval of Shareholders in the ensuing Annual General Meeting of the Company.
• 1. Audited Standalone Financial Results for the Quarter and Financial Year Ended 318t March, 2021.
• 1. Independent Audit Report on the Audited Standalone Financial Results.
• 1. Declaration in respect of Auditors Report with unmodified opinion pursuant to regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• 1. Appointment of M/s. H. Maheshwari & Associates, Practicing Company Secretaries as Secretarial Auditor of the Company for the Financial Year 2021-22.
• 1. Appointment of M/s. Arun Todarwal & Associates, LLP, Chartered=—— ⁼ x ¢

2021-22.

1. Appointment of M/s. Manisha & Associates, Cost Accountants as Cost Auditors of the Company for the Financial Year 2021-22.

Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular CIR/CFD/CMD/4/2015 dated September 09, 2015 are enclosed as Annexure A: ;

The Board of Directors noted that the Company's Turnover for the year ended 31st March 2021 is adversely affected on account of the COVID-19 Pandemic. However, the Company's order position as on 01.04.2021 stands at Rs. 211.05 Crores, (P.Y. Rs. 54.68 Crores) a major portion of which the company hopes to execute during the current financial year barring unforeseen circumstances.

The above intimation is given to you for your record. Kindly take note of the same.

Thanking You, Yours faithfully,

Kalpesh P Agrawal

Chief Financial Officer

Annexure A

Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI CIR/CFD/CMD/4/2015 dated September 9, 2015. Circular

		Annexure A
Details	Regulation under
	Requirements) Regulations, CIR/CFD/CMD/4/2015 dated September 9, 2015.	SEBI 30 of the 2015 read	(Listing Obligations and SEBI along with	Disclosure Circular
No.	Sr. Particulars	M/s. H. Maheshwari & Todarwal é& Associates - Secretarial Auditor	M/s. Arun Associates, LLP - Internal Auditors Auditors	Manisha M/s. Associates & Cost -
ik	Reason for change viz. appointment, death resignation, removal or oherwise;	Re-Appointment	Re-Appointment	Re Appointment
2.	Date of appointment/cessati on (as applicable) & term of appointment;	31.05.2021	31.05.2021	31.05.2021