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<in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The above Financial Results were reviewed and recommended by the Audit Committee and have been approved and taken on record by the Board of Directors at its meeting held on February 13, 2025.2. These financial results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India.3. The Statutory Auditors have carried out Limited Review of the Financial Results for the quarter ended December 31, 2024. An unqualified report has been issued by them thereon.4. During the nine months , the Company has granted 8,84,000 options on July 30, 2024 under 'Lloyds Steels Industries Limited Employee Stock Option Plan – 2021' to the eligible employees of the Company at an exercise price of Rs. 9.50 each which is approved in the Nomination and Remuneration Committee . These Stock Options shall vest as per the vesting schedule as mentioned in LLOYDS STEELS ESOP-2021.5. Details of Employee Stock Option for the quarter ended 31st Dec, 2024 are as follows:Lloyds Steels Industries Limited - Employee Stock Option Plan 2021Number of Options Outstanding at the beginning of the period Oct 1, 2024 - 1,08,31,300Number of Options Exercisable at the beginning of the period Oct 1, 2024 - 1,78,500Number of Options Granted during the period -Number of Options Vested during the period -Number of Options Lapsed ( Unvested ) during the period - 71,000Number of Options Lapsed ( Unexercised) during the period -Number of Options Exercised during the period - 1,26,100Number of Options Outstanding at the end of the period Dec 31, 2024 - 1,07,60,300Number of Options Exercisable at the end of the period Dec 31, 2024 - 52,4006. The Company has granted 7,34,708 options on January 1, 2025 under 'Lloyds Steels Industries Limited Employee Stock Option Plan – 2021' to the eligible employees at an exercise price of Rs. 9.50 each which is approved in the Nomination and Remuneration Committee . These Stock Options shall vest as per the vesting schedule as mentioned in LLOYDS STEELS ESOP-2021.7. The Company was already holding 12.25% stake in Lloyds Infrastructure &amp; Construction Limited (LICL). On January 30, 2025 the Company has further acquired a Stake of 12.25% in LICL aggregating to 24.50% stake in LICL . Hence persuant to such acquisition, LICL became an associate of the company from January 30, 2025.8.  On January 24, 2025 the Company has allotted 26,98,100 Equity shares to the eligible employees at an exercise price of Rs. 7.50 each and 5,77,240 Equity shares to the eligible employees at an exercise price of Rs. 9.50 each under Lloyds Steels Industries Limited- Employee Stock Option Plan -2021,which is approved in the Nomination and Remuneration Committee. Paid up Capital of the Company has increased from 11,622.35 Lakhs to 11,655.10 Lakhs after December 31, 2024.9. On October 10, 2024 the Company entered into a Memorandum of Understanding (“MOU”) with Bhilai Engineering Corporation Limited for acquisition of Engineering Assets of Bhilai Engineering Corporation Limited.10. On October 15, 2024 Company acquired 77% stake in Techno Industries Private Limited. Out of 77%, 66% was through 1,76,05,634 Equity shares on Preferential Allotment in exchange of Techno Industries Private Limited shares and 11% was in Cash Consideration.11. The Company has single business segment namely Engineering Products and Services.12. Earning Per Share are not annualised except for the year ended March 31, 2024.13. The Orders in hand as on December 31, 2024 is Rs. 1,27,813 lakhs. 14. Figures for the previous periods have been regrouped/ reclassified to confirm to the classification of the current periods.15. The results for the quarter and nine months ended December 31, 2024 are available on the website of BSE,NSE&amp;websiteatwww.lloydsengg.in. </in-bse-fin:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock>
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