LLOYDS ENGINEERING WORKS : ACQUISITION WORTH OVER RS 1,073 CR

• Acquisition of Steel Infra Solutions Company Limited (SISCOL) for ₹1,073 Cr. • The acquisition will be discharged through a combination of cash and equity. • Lloyds Engineering Works will acquire up to 88.12% of SISCOL's equity share capital. • Part of the consideration involves issuing and allotting up to 7,06,74,554 equity shares at a premium of ₹70.25 per share. • This move is expected to create one of India's most integrated engineering, structural fabrication and EPC platforms.

LLOYDS ENGINEERING WORKS LIMITED

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