ASI Industries Ltd — Updates, 17-05-2025: Company Update

ASI Industries Limited has acquired a 0.006% stake (30,000 shares) in Lloyds Metals and Energy Ltd through the stock exchange for Rs. 0.65 Cr as an investment, without seeking management control. Lloyds Metals and Energy operates across the steel manufacturing value chain from iron ore mining to Direct Reduced Iron (DRI) production, with a turnover of Rs. 6721.40 Cr and PAT of Rs. 1450.95 Cr for FY25. This move diversifies ASI’s investment portfolio into the steel and mining sector, aiming for long-term or short-term gains.