Nature of the Event

ASI Industries Limited has made a disclosure under Regulation 30 of the SEBI Listing Regulations regarding acquisition of equity shares in Lloyds Enterprises Limited for investment purposes.

Key Quantitative Figures

  • Total acquisition cost: Rs 3.25 Crore
  • Number of shares acquired: 5,00,000 additional shares
  • Total shareholding post-acquisition: 10,00,000 shares
  • Percentage holding: 0.065% of Lloyds Enterprises Limited's total share capital
  • Lloyds Enterprises financials (as of 31/03/2026):
  • Turnover (Standalone): Rs 463.20 Crore
  • PAT: Rs 268.09 Crore
  • Net worth: Rs 5195.68 Crore

Dates of Action

  • Transaction date: 22nd October, 2026 at 3:30 P.M.
  • Disclosure date: 23rd October, 2026
  • Company incorporation date: Lloyds Enterprises was incorporated on 15/10/1986

Parties Involved

  • Acquiring entity: ASI Industries Limited
  • Target entity: Lloyds Enterprises Limited
  • Disclosure signatory: Manish Prakash Kakrai, Company Secretary & Compliance Officer of ASI Industries Limited

Purpose and Rationale

The shares were acquired through stock exchange and form part of investment purpose of ASI Industries Limited with view to reap the long-term/short-term investment benefits. The company explicitly states it does not intend to acquire control whether directly or indirectly of the management of Lloyds Enterprises Limited.

Transaction Details

  • Nature of consideration: Cash consideration
  • Transaction type: Arm's length transaction
  • Related party status: Not a related party transaction
  • Promoter/group interest: No interest from promoter/promoter group/group companies
  • Governmental approvals: None required (N.A.)
  • Completion status: Acquisition completed on 22/10/2026

Target Company Background

Lloyds Enterprises Limited is an Indian company engaged in:

  • Iron and steel trading
  • Investments across industrial sectors
  • Heavy engineering and fabrication through investment in Lloyds Engineering Works Limited
  • Real estate development through Lloyds Realty Developers (residential and commercial properties)
  • Mining and iron ore business through investment in Lloyds Metals and Energy Limited

Historical Financial Performance (Turnover)

  • 2025-26: Rs 463.20 Crore
  • 2024-25: Rs 593.37 Crores
  • 2023-24: Rs 316.72 Crore

Geographic Presence

The acquired entity (Lloyds Enterprises Limited) has presence only in India.