Date: 2nd August 2024
Mumbai – Lloyds Metals and Energy Limited has released an important addendum to its 47th Annual General Meeting (AGM) notice and Integrated Annual Report, addressing key corrections and updates that shareholders need to be aware of. This addendum, dated 2nd August 2024, is a crucial update to the documents initially circulated on 26th July 2024.
The addendum was issued to rectify typographical errors and omissions in the original AGM notice dated 14th June 2024. Here are the main updates:
Final Dividend Declaration: The addendum introduces a new agenda item for the AGM, proposing a 100% final dividend on equity shares for the financial year ending 31st March 2024. Shareholders will receive Re. 1 per equity share. This is a significant announcement that highlights the company's commitment to rewarding its investors.
Removal of Book Closure Dates: The previous notice included incorrect book closure dates, which have now been removed. This change ensures compliance with SEBI regulations and eliminates potential confusion regarding the record dates for dividends and shareholder activities.
Corrections in Corporate Governance Report: Updates to the Corporate Governance Report include the removal of book closure dates, aligning with SEBI’s guidelines. This adjustment ensures that the report reflects the most accurate and up-to-date information.
These changes are crucial for shareholders as they affect voting rights and dividend distributions. The corrected AGM notice ensures that shareholders can make informed decisions during the e-voting process and at the AGM scheduled for 20th August 2024, which will be held via Video Conferencing (VC) and Other Audio-Visual Means (OAVM).
Shareholders are encouraged to review the addendum and updated documents available on Lloyds Metals and Energy Limited’s website www.lloyds.in, as well as on the BSE and NSE websites. This will ensure they are fully informed of the latest updates before participating in the AGM.
The company has emphasized the importance of these corrections and encourages shareholders to stay updated by accessing the revised documents. For any further queries or assistance, shareholders can reach out to the company directly.
Lloyds Metals and Energy Limited is a leading player in the metals and energy sector, committed to transparency and good governance. The company continually strives to provide clear and accurate information to its stakeholders.
For additional information, please contact:
Trushali Shah
Company Secretary
Lloyds Metals and Energy Limited
Date: 2nd August 2024
Place: Mumbai
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