Lloyds Enterprises secures shareholder approval for resolutions

Lloyds Enterprises announced the successful passage of ten resolutions via postal ballot, as per Regulation 44 of SEBI's Listing Obligations and Disclosure Requirements. Key approvals include the Lloyds Enterprises Limited Employee Stock Option Plan - 2025, and the grant of options to employees of subsidiary and associate companies. Shareholders also approved the provision of a loan by the company for the purchase of its own shares by the Trust/Trustees for the benefit of Employees Under Lloyds Enterprises Limited Employee Stock Option Plan. Additionally, material related party transactions with Lloyds Engineering Works Limited, Lloyds Metals And Energy Limited, Lloyds Realty Developers Limited, Indrajit Properties Private Limited, Lloyds Infrastructure & Construction Limited, and Lloyds Metals & Minerals Trading LLP were sanctioned. Scrutinizer Mitesh J. Shah confirmed the results, indicating strong support from shareholders, with nearly all resolutions passing with over 98% of votes cast in favor.