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History of Lloyd Electric & Engineering Ltd.

The Comp. was incorporated on 10th November, 1987 as a private limited Comp. & was converted into a public limited Comp. on 18th April, 1994.

The manufacturing facility of Comp. is situated at A-146 [B&Cs], RIICO Industrial Area, Bhiwadi, Distt Alwar in Rajasthan. Here, the Comp. manufactures condensor & evaporator coils for airconditioners of various capacities. At present, the Comp. has an installed capacity to manufacture 1,25,000 coils for standard airconditioners and 10,000 coils for airconditioners of capacity of 15 tons.

The Comp. is selling its product to the leading manufacturers of airconditioners like Voltas. Shriram Industrial Enterprises Ltd, Sanden Vikas Ltd, Mitsubishi Aircommand, Amtrex etc.

Lloyd Electric And Engineering limited is an existing, profit making, dividend paying Comp. engaged in the manufacture of condensor coils & evaporator coils which are used as original equipment in window, package, automotive & split airconditioners. The Comp. has been engaged in this business since 11:03.88.

2002-Lloyd Electric and Engineering Ltd has informed that Mr K Lall has been appointed as Additional Director of Comp. in the meeting of Board of Directors held on January 30, 2002.

2003 -Board has approved delisting of Shares from Jaipur & Delhi Stock Exchanges.

-Mr. Bharat Raj Punj resigned from Directorship.

-Mr. Pavanjit Singh resigned from Directorship.

2006

-Lloyd Electric enters into MOU with AITPL

2008

-Lloyd Electric and Engineering Ltd has informed that the Board of Directors of Comp. at its meeting held on April 26, 2008, inter alia, has considered & approved appointment Ms. Rashmi Sachdev as Nominee of IFCI Ltd on the Board of Directors of Comp. in place of Mr. Sanjay Behari, the erstwhile nominee with immediate effect.