Mumbai, Dec. 5 -- The agreement was signed on 4 December 2025 and aims to develop radar technology for defence and civil use.

The company said there is no shareholding link, no impact on management and no related-party connection. The agreement also does not impose any liabilities or involve any share issuance.

Lloyds Engineering Works is engaged in the design, engineering, manufacturing, fabrication, supply, erection and commissioning of a wide range of mechanical, hydraulic and structural systems. Its portfolio includes process plant equipment, metallurgical and chemical plant machinery, marine loading and unloading arms, truck and wagon loading systems, columns, pressure vessels, dryers, boilers, power plant and steel plant equipment...