28-Sept-2026 18:01:58
LLOYDSMEAcquisition and merger
LLOYDS METALS : STEP-DOWN SUBSIDIARY ACQUIRES 71.89% EQUITY STAKE IN THRIVENI EARTHMOVERS AND INFRA PVT LTD
• The company has been allotted 3,50,00,000 equity shares of Thriveni Earthmovers and Infra Private Limited (TEIL) at an issue price of Rs. 173.36 per share. • Total consideration for the shares is Rs. 6,06,76,00,000 (₹606.76 Cr). • Post-subscription, the company's holding in TEIL will be 73,50,00,000 equity shares, representing 71.89% of the issued and paid-up equity share capital. • Details were provided in the outcome dated 10th August, 2026, and are available on the company's website.
Lloyds Metals And Energy Limited
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