19-Jun-2026 15:59:16
LLOYDSENTAcquisition and merger
LLOYDS ENTERPRISES : ACQUISITION OF EQUITY SHARES WORTH OVER RS 1,220 CR
• Lloyds Enterprises Limited announces acquisition of 17.98% stake in Steel Infra Solutions Company Limited (SISCOL) • The transaction implies an equity valuation for SISCOL of approximately ₹1,220 crore. • Total consideration for the acquisition is approximately ₹1,073 crore. • Lloyds Enterprises Limited is contributing ~₹219 crore (~18%). • For FY26, SISCOL reported revenue of approximately ₹817 crore and EBITDA of approximately ₹92 crore. • SISCOL has a robust order book of approximately ₹1,134 crore.
Lloyds Enterprises Limited
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