23-Oct-2026 15:23:23

ASIILAcquisition and merger

ASI INDUSTRIES : ACQUIRES 0.064% STAKE IN LLOYDS ENGINEERING FOR RS 4.48 CR

• Company acquired additional 5,00,000 equity shares of Lloyds Engineering Works on 22 Oct 2026 for a total cost of ₹4.48 Cr in cash • Total shareholding after acquisition stands at 10,00,000 shares, or 0.064% of the target's total share capital • Shares were bought through the stock exchange purely for investment purpose to reap long-term/short-term benefits • Company does not intend to acquire control, directly or indirectly, of the target's management • Target's standalone FY26 turnover ₹1,052.22 Cr, PAT ₹118.27 Cr, net worth ₹1,595.31 Cr; not a related party transaction

ASI Industries Ltd

Open attachment

← Back to feed