Target Entity: Steel Infra Solutions Company Limited (SISCOL)
Type of Deal: Minority acquisition through purchase of existing equity shares
Stake/Capacity: 73,00,000 equity shares constituting 17.98% of total outstanding equity share capital
Deal Value: ₹219,00,00,000 (Rupees Two Hundred and Nineteen Crores)
Funding Source: Cash consideration
Financial Impact: Not disclosed in this update
Timeline: Acquisition completed on 17th August, 2026
Strategic Rationale: Not explicitly disclosed in this update
Approval Status: Transaction completed and closed
Reference Regulation: SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, Regulation 30 read with Schedule III
Background: The acquisition was previously intimated on 18th June, 2026 regarding execution of Share Purchase, Share Subscription and Shareholders' Agreement (SPSSSHA) dated 18th June, 2026. The agreement was entered between Lloyds Enterprises Limited, Lloyds Engineering Works Limited (material subsidiary), Streamland Estate LLP, Steel Infra Solutions Company Limited, and shareholders of SISCOL.
Additional Information: The disclosure is available on the company's website at www.lloydsenterprises.in