The Board of Directors of the Lloyds Steel Industries Limited at its meeting held on December 28, 2012, has considered and approved the following: appointment of Mr. Rajinder Miglani as an Additional Director under section 260 of the Companies Act, 1956 and as the Chairman of the company. The company announced the appointment of Mr. Ankit Miglani as an Additional Directors on the Board of the company under section 260 of the Companies Act. 1956.

The company appointed Mr. Rajeev Munjal as Additional Directors on the Board of the company under section 260 and as a Manager under section 269 of the Companies Act, 1956. The company announced resignation of Mr. Mukesh Gupta as Chairman and director of the company. The company also announced resignation of Mr. Rajesh Gupta as Managing Director and director of the company, Mr. B. L. Agarwal from the directorship of the company and Mrs. Neelu Dhingra as Company Secretary and Compliance Officer of the company.

The company also announced the appointment of Mr. Ram Gaud as company Secretary and Compliance Officer of the company.