01 Oct 2026
Lloyds Metals mined 10 million tonnes of iron ore in the first half, up 36 percent, with pellet output 372 percent higher at 3.8 million tonnes.
A second 4 million tonne pellet plant took total pellet capacity to 8 million tonnes. Sponge iron output more than doubled to 343,000 tonnes.
28 Sep 2026
Lloyds Metals was allotted Rs 606.76 crore of Thriveni Earthmovers shares, lifting its holding in the subsidiary to 71.89 percent.
The company took 3.5 crore shares at Rs 173.36 each in a rights issue. It completes an investment first disclosed on 10 August 2026.
21 Sep 2026
Lloyds Metals approved Rs 190 crore to add 2.07 lakh tonnes of DRI capacity at Ghugus and Konsari, taking the total past 9 lakh tonnes a year.
The additions complete within a year. The board also cleared Rs 1,550 crore of privately placed debentures in tranches of Rs 600 crore and Rs 950 crore.
01 Jul 2026
Lloyds Metals posted its highest-ever Q1 iron ore output at 6.05 million tonnes, up 53 percent.
It reaffirmed a target of about 26 million tonnes for FY27. The ramp underpins its move downstream into steel and pellets. The print keeps it ahead of its own guidance.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.