Lloyds Metals approves ₹1,550 crore NCDs, expands DRI capacity

Lloyds Metals approved two NCD issues worth up to ₹600 crore and ₹950 crore, while also approving DRI capacity expansion at its Ghugus and Konsari plants. The projects require ₹190 crore combined and will take total DRI capacity above 9 lakh MTPA through debottlenecking and process optimisation.