Acquisition / mergerNotableFiled on BSE ·

Lloyds Engineering Works Limited receives NSE no-objection for merger scheme

Lloyds Engineering Works · Industrial Manufacturing

Arthneeti Research DeskPublished 1 min read

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) →

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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.