Lloyds Engineering Share Price in Focus; Raises Corporate Guarantee for Techno Industries to ₹109 Crore

Lloyds Engineering Works has approved an increase in the corporate guarantee provided on behalf of its wholly owned subsidiary, Techno Industries Private Limited, as per a recent exchange filing.  

The guarantee has been raised from ₹59 crore to ₹109 crore. The revised amount will support credit facilities availed by the subsidiary from HDFC Bank.  

Board Committee Reviews Earlier Approval 

The approval was granted by the Executive Committee of the company’s Board of Directors at a meeting held on March 12, 2026. The development follows an earlier decision taken on December 26, 2025, when the board had initially authorised the guarantee of ₹59 crore for the same borrowing arrangement.  

Support for Banking Facilities 

The corporate guarantee relates to loans and other credit facilities extended by HDFC Bank to Techno Industries Private Limited. With the revision, Lloyds Engineering will now stand as guarantor for facilities amounting to ₹109 crore taken by the subsidiary.  

Such guarantees are typically issued by parent companies to support borrowing by group entities. In this case, the guarantee enables the subsidiary to access banking facilities while the parent company undertakes to meet obligations if required under the agreement.  

Transaction Details 

The filing states that Techno Industries Private Limited is the party for whom the guarantee has been issued. The company also clarified that no promoter or promoter group entities have any interest in the transaction.  

According to the annexure attached to the disclosure, the corporate guarantee relates specifically to credit facilities obtained from HDFC Bank by the subsidiary. The company further indicated that the arrangement is not expected to have any impact on the listed entity.  

Regulatory Filing with Exchanges 

The company disclosed the decision to the stock exchanges through a regulatory filing on March 12, 2026.  

The disclosure was submitted to both BSE and NSE. It included details of the revised guarantee, the beneficiary entity, and the financial institution involved in the lending arrangement. 

Read More: Bank of Baroda Share Price in Focus; Secures $500 Million Syndicated Loan! 

Lloyds Engineering Share Price Performance  

As of March 13, 2026, 11:47 am, Lloyds Engineering Works share price was trading at ₹42.41, a 3.46% decrease from the previous closing price. 

Conclusion 

With the latest approval, the guarantee limit supporting Techno Industries’ borrowing from HDFC Bank has been expanded to ₹109 crore. The company has formally notified the stock exchanges about the change as part of its regulatory disclosure requirements. 

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