Lua was first released in 1993. I think that it's pretty conventional for the time, though yeah it did not follow Algol syntax but Pascal's and Ada's (which were more popular in Brazil at the time than C, which is why that is the case)!
Ruby, which appeared just 2 years later, departs a lot more, arguably without good reasons either? Perl, which is 5 years older and was very popular at the time, is much more "different" than Lua from what we now consider mainstream.