Lloyds Metals and Energy Ltd announces extension of mining lease for another 30 years

Under Section 8A (5)/(6) of Mines and Minerals (Development and Regulation) Amendment Act - 2015 and the execution and registration of the necessary documents the Mining Lease granted to the Company for Iron Ore mines over an area of 348.09 Ha. of Village Surjagad (Wooria Hill) Tah. Atapalli Dist. Gadchiroli stands extended for a further period of 30 years and is now valid up till 02nd May 2057.

Shares of LLOYDS METALS AND ENERGY LTD. was last trading in BSE at Rs. 79.65 as compared to the previous close of Rs. 76.15. The total number of shares traded during the day was 68581 in over 289 trades.

The stock hit an intraday high of Rs. 79.95 and intraday low of 75.35. The net turnover during the day was Rs. 5370619.00.

Source : Equity Bulls

Keywords

LLOYDSMETALSANDENERGYLTD INE281B01032 MiningLease Extension 30years