LLOYDS ENGINEERING WORKS LIMITED — Important, 18-06-2026: Agreements

Lloyds Engineering (LEWL) is acquiring 52.16% of Steel Infra Solutions (SISCOL) for ₹635.40 Cr, partly via share swap. The group acquires 88.12% for ₹1,073.40 Cr. This creates an integrated engineering/EPC platform, adding heavy steel fabrication. LEWL targets ₹10,000 Cr revenue by FY29/30. Also raising ~₹5 Cr and borrowing up to ₹1,000 Cr.