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ASI Industries LtdImportant, 20-07-2026: Company Update

20-07-2026 | 01:25 pm

ASI Industries has acquired 6,05,291 equity shares of Lloyds Engineering Works Ltd for an investment cost of Rs. 5.27 Crore. This strategic acquisition, representing a 0.041% stake, is solely for investment purposes, aiming to realize long-term or short-term benefits, with no intention of acquiring control. Lloyds Engineering Works specializes in the design and manufacture of heavy equipment and machinery for critical sectors including hydrocarbon, oil & gas, steel, and power plants. This move diversifies ASI Industries' investment portfolio, adding exposure to the engineering sector.

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