LLOYDS ENGINEERING WORKS LIMITED — Board Meeting, 23-01-2025: Outcome of Board Meeting

Lloyds Engineering Works Limited's board meeting has concluded with significant resolutions. The company approved the acquisition of land from EMCO Limited and an additional 12.25% stake in Lloyds Infrastructure and Construction Limited from Mahaprabhu Ventures, raising its ownership to 24.50%. This strategic move will enhance its associate status with LICL, which has a turnover of ₹395.14 Cr. The investment totals ₹14.21 Cr, strengthening Lloyds Engineering's position in the construction sector.