LLOYDS ENGINEERING WORKS LIMITED — Important, 20-05-2025: Agreements

Lloyds Engineering Works Limited has announced a board meeting approving the acquisition of a 76% stake (21.85 lakh shares) in Metalfab Hightech Private Limited for ₹28.41 Cr. Metalfab’s 24,000 MT fabrication capacity across a 16-acre Nagpur facility enhances Lloyds’ heavy engineering footprint. This deal expands their product lineup and boosts exposure to steel, power, railways, and infrastructure sectors. With Metalfab’s FY25 revenue at ₹159.07 Cr, the acquisition positions Lloyds to leverage rising demand in infrastructure, power, and renewables.