LLOYDS ENGINEERING WORKS LIMITED — Important, 18-06-2026: Disclosure of material issue

Lloyds Engineering Works (@LloydsEngg) is making a major strategic move! 🚀

**The Opportunity:** Tapping into India's massive infrastructure and industrial growth cycle. The company aims to become a fully integrated engineering, fabrication, and EPC (Engineering, Procurement, and Construction) powerhouse.

**Company's Response:** LEWL's board has approved the acquisition of an 88.12% stake in Steel Infra Solutions Company Limited (SISCOL) for ~₹1,073.40 Cr.

* LEWL will acquire 52.16% of SISCOL for ~₹635.40 Cr, funded partly in cash (~₹131.85 Cr) and partly by issuing ~₹503.56 Cr worth of new LEWL shares to SISCOL sellers.

* LEWL's holding company and an LLP are also acquiring stakes in SISCOL for cash.

* The company also approved additional borrowing capacity of up to ₹1,000 Cr to support future growth and a preferential issue of ~₹4.99 Cr for cash to raise additional capital.

**Possible Impact:**

* **Strategic Boost:** Transforms LEWL into a comprehensive player, expanding capabilities in heavy steel fabrication and infrastructure solutions, complementing its existing portfolio.

* **Operational Synergies:** Expect increased efficiency from combined procurement, engineering, and manufacturing resources.

* **Growth Trajectory:** SISCOL brings strong financials (FY26 Revenue ~₹817 Cr, PAT ~₹44 Cr, Order Book ~₹1,134 Cr) and proven expertise. The combined entity targets ₹10,000 Cr+ annual revenue by FY29/30.

* **Value Creation:** A future listing of SISCOL is planned within 30 months, aiming for independent price discovery.

#Acquisition #InfraGrowth #LEWL #SISCOL