Lloyds Engineering Works Limited receives NSE no-objection for merger scheme
Lloyds Engineering Works · Industrial Manufacturing
Key highlights
- NSE issued an observation letter dated May 18, 2026, granting no-objection under SEBI LODR Reg 37 for the merger scheme involving LICL, MHPL, TIPL into LEWL
- Scheme validity for submission to NCLT is six months from May 18, 2026; company must incorporate NSE/SEBI observations in NCLT petition
- Disclosures required include financials for last 3 years, pending actions, shareholder classification, valuation reports, and compliance with regulatory provisions and filings
Why it's rated notable: The NSE and BSE no-objection letters allow the scheme to be filed with NCLT, but the filing states no transaction value and the shareholder, creditor and NCLT approvals are still pending.
Original filing
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Lloyds Engineering Works
- Acquisition / mergerNotableLloyds Engineering Works Limited holds equity shareholders meeting to approve merger scheme
- Acquisition / mergerNotableLloyds Engineering Works notifies Oct 16, 2026 shareholder meeting on merger of three companies
- Acquisition / mergerNotableLloyds Engineering acquires 51.13% stake in Steel Infra Solutions Company Limited
- Board / shareholder meeting outcomeNotableLloyds Engineering Works Ltd holds EGM on July 15, 2026, approves share issuance
- Fundraise / allotmentNotableLloyds Engineering Works seeks approval to acquire SISCOL via share swap and cash
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Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
