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LLOYDS ENGINEERING WORKS LIMITEDImportant, 17-08-2026: Committee Meeting Updates

17-08-2026 | 08:09 pm

Lloyds Engineering Works' committee approved the allotment of 7.00 Cr equity shares, valued at 499.05 Cr, to acquire Steel Infra Solutions Company Limited (SISCOL) via a share swap. The company also allotted 7 lakh equity shares to a non-promoter for 4.99 Cr cash. This strategic move completes the SISCOL acquisition and injects capital, thereby increasing the company's paid-up equity capital. This marks a significant development for its business and stakeholders.

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