Archive · 12 Dec 2025
Lloyds Engineering Creates Defence Subsidiary
Lloyds Engineering Works, a company that makes special equipment for industries like steel and oil, has started a new company called Lloyds Advance Defence Systems.
This new company will make equipment for defence, like drones and naval systems.
They have made deals with other companies in Poland and Italy to help them with technology.
The main company's stock price went down a little today.
Lloyds Engineering was started in 1994 and is based in Mumbai, India.
Lloyds Engineering Works Ltd (LEWL) created a wholly-owned subsidiary, Lloyds Advance Defence Systems Ltd, for defence manufacturing.
The subsidiary will focus on defence equipment, leveraging LEWL's manufacturing capabilities and compliance expertise.
LEWL has partnered with FlyFocus (Poland) for FPV drones, Kliver Polska (Poland) for marine equipment, Virtualabs (Italy) for radar technology, and Fincantieri (Italy) for naval systems.
LEWL manufactures custom process plant equipment for sectors like steel, oil, and marine, with facilities in Murbad, Thane, Nagpur, and Bhilai.
LEWL's stock price ended at ₹52.25 on the NSE, down 3.36% on December 12, 2025.
- Who
- Lloyds Engineering Works Ltd (LEWL)
- What
- Created a wholly-owned subsidiary for defence manufacturing
- When
- December 12, 2025
- Where
- Mumbai, India
- Why
- To capitalize on the defence sector's growth potential
- Company
- Lloyds Engineering Works Ltd (LEWL)
- Subsidiary
- Lloyds Advance Defence Systems Ltd
- Sector
- Defence Manufacturing
- Partners
- FlyFocus, Kliver Polska, Virtualabs, Fincantieri
- Stock Price
- ₹52.25 (NSE, Dec 12, 2025)
- Stock Change
- Down 3.36%
- Founded
- 1994
- Headquarters
- Mumbai, India