Lloyds Engineering Works Reappoints Independent Director Kumar Pradhan for Second Term

Lloyds Engineering Works Ltd ( (IN:LLOYDSENGG) ) has issued an announcement.

Lloyds Engineering Works Ltd has approved the reappointment of veteran banker Kumar Mohanlal Pradhan as a non-executive independent director for a second five-year term, running from July 22, 2026 to July 21, 2031, subject to shareholder approval. The board, acting on the nomination and remuneration committee’s recommendation via circular resolution, has also called an extraordinary general meeting on March 27, 2026 to seek investor consent for the move, underscoring the company’s focus on continuity of independent oversight and leveraging Pradhan’s extensive banking and project finance experience in its governance structure.

Pradhan, 67, brings 37 years of experience across Indian Airlines, the Reserve Bank of India, Bank of India and IDBI, where he retired as general manager after holding roles in project finance, resource management, human resources, NPA recovery and strategic planning. His continued presence on the board is expected to strengthen Lloyds Engineering Works’ strategic and financial oversight as it navigates regulatory requirements and positions itself within India’s engineering and industrial landscape.

More about Lloyds Engineering Works Ltd

Lloyds Engineering Works Ltd operates in the engineering sector, though the release emphasizes its governance and board structure rather than specific products or services. The company is listed on BSE and the National Stock Exchange of India, and its regulatory disclosures are governed by SEBI’s Listing Obligations and Disclosure Requirements framework.

Average Trading Volume: 2,114,596

Technical Sentiment Signal: Hold

Current Market Cap: 72.07B INR

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