18-Jun-2026 14:56:48

LLOYDSENGGAcquisition and merger

LLOYDS ENGINEERING WORKS : ACQUIRES STEEL INFRA SOLUTIONS FOR RS 1,073 CR

• Lloyds Engineering Works Limited (LEWL) to acquire Steel Infra Solutions Company Limited (SISCOL) for ~₹1,073 Cr. • Acquisition strengthens LEWL's position in infrastructure, industrial and building projects. • Transaction involves cash and equity components, with LEWL contributing over 50% of the consideration. • SISCOL reported revenue of ~₹817 Cr and PAT of ~₹44 Cr in FY26. • LEWL to acquire 88.12% of SISCOL's total outstanding equity share capital. • The combined entity aims for over ₹10,000 Cr annual revenue by FY29/30.

Lloyds Engineering Works Ltd

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