Lloyds Steel Industries Ltd has informed BSE that the members at the 38th Annual General Meeting (AGM) of the Company held on July 19, 2008, inter alia, have accorded the following:

1. Adoption of the audited Balance Sheet as at March 31, 2008 and the Profit & Loss Account for the year ended March 31, 2008 and the Reports of the Direct and the Auditors of the Company.

2. Re-appointment of Shri. Mukesh Gupta, as Director of the Company, liable to retire by rotation.

3. Re-appointment of M/s. Todarwal & Todarwal, Chartered Accountants, Mumbai as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company.