Lloyd Electric & Engineering Limited is an India-based company. The Company is engaged in the business of manufacturing heat exchanger coils for air conditioning and refrigeration application; U bend and return bend for heat exchanger coils; system tubing and header line for air conditioner equipment, and sheet metal items for air conditioner systems. Its products include heat exchangers, rail coach air conditioning units and window/split air conditioner window. As an original equipment manufacturer, the Company supplies evaporator and condenser coils to air conditioner makers in India. During the fiscal year ended March 31, 2009 (fiscal 2009), the Company acquired Luvata Czech s.r.o., a manufacturer of customized finned pack heat exchangers coils in Prague, Czech Republic through its special purpose vehicle namely Lloyd Coils Europe s.r.o, a subsidiary company, wherein the Company held ownership interest equivalent to 99.968% in the equity capital.