09-Oct-2026 15:58:48
ASIILAcquisition and merger
ASI INDUSTRIES : ACQUIRES STAKE IN LLOYDS ENGINEERING WORTH RS 4.81 CR
• Acquired 5,00,000 shares (0.034% shareholding) of Lloyds Engineering Works via stock exchange • Total cost of acquisition ₹4.81 Cr, cash consideration; acquisition completed on 08/10/2026 • Solely for investment purpose to reap long-term/short-term benefits; no intent to acquire control of the target, directly or indirectly • Lloyds Engineering FY26 standalone turnover ₹1,052.22 Cr, PAT ₹118.27 Cr, net worth ₹1,595.31 Cr • Target specializes in design and manufacture of heavy equipment, machinery and systems for hydrocarbon, oil & gas, steel, power and nuclear plant boilers • Not a related party transaction; promoter/promoter group holds no interest in the acquired entity
ASI Industries Ltd
Open attachment