Lloyds Metals And Energy Limited — JV/Acquisition, 26-02-2026: Acquisition

Lloyds Metals & Energy, through its subsidiary Lloyds Steel, has acquired a 19.50% stake in Loka Metals Private Limited for ₹1.17 Cr. This strategic investment aims to bolster Lloyds' presence in the steel processing and trading sector. Loka Metals, a newly incorporated entity in Telangana, will focus on marketing wire rods and establishing a steel distribution facility, including a cut and bend plant. This move strengthens Lloyds' forward integration and market reach, positioning it for future growth in the steel industry.