Lloyds Metals and Energy's Committee of Board has given its approval to issue Non-Convertible Debentures (NCDs) through a private placement.

The company plans to raise up to Rs. 750 Cr through this method.

This capital raise falls within the maximum limits already set by the main Board.

This move is significant for shareholders as it aims to enhance the company's financial strength and provide funds for its business operations or future expansion plans.