SECTOR
Lloyds Metals & Energy gets nod to incorporate wholly owned subsidiary
Feb-04-2026

Lloyds Metals & Energy has received approval for incorporation of a wholly owned subsidiary (WOS) in Maharashtra, India with an estimate aggregate Capital outlay of over Rs 252 crore in tranches. The proposed WOS to be incorporated will act as a mission-driven institutional platform to design, operate, and scale structured skilling, leadership, entrepreneurship, and employment-linked programs, aligned with regional development objectives and global workforce standards. The Board of Directors at its meeting held on February 3, 2026 inter alia, approved the same.  

Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.


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