LLOYDS ENGINEERING WORKS LIMITED — Important, 23-01-2025: Disclosure of material issue

Lloyds Engineering Works Limited has enhanced its stake in Lloyds Infrastructure and Construction Limited (LICL) by acquiring an additional 12.25% of shares, bringing its total ownership to 24.50%. The transaction, valued at ₹14.21 crore, classifies as a Related Party Transaction due to shared directorship. LICL specializes in the design, engineering, and construction of various infrastructure projects, including roads and railways, with a reported turnover of ₹395.14 crore as of March 2024. This consolidation not only strengthens Lloyds Engineering's operational footprint but also positions it for future growth opportunities in the infrastructure sector. Investors should monitor how this increased shareholding impacts the company’s strategic direction and financial performance.