Lloyds Enterprises Limited
Loan Agreement for Acquisition Financing
Nature of Agreement: Lloyds Enterprises Limited has entered into a loan agreement with Tata Capital Limited to avail financial assistance for the proposed acquisition of equity shares of Steel Infra Solutions Company Limited.
Financial Details:
- Loan Amount: ₹219,00,00,000 (Rupees Two Hundred and Nineteen Crores)
- Total Outstanding Loan Amount with Tata Capital: ₹316,00,00,000 (Rupees Three Hundred and Sixteen Crores)
- Acquisition Consideration: Approximately ₹219,00,00,000 for 73,00,000 equity shares of Steel Infra Solutions Company Limited
Key Terms:
- Date of Execution: 13th August, 2026
- Nature of Loan: Secured
- Security Provided: Pledge of equity shares of Lloyds Engineering Works Limited held by Lloyds Enterprises Limited
- Lender: Tata Capital Limited
Transaction Purpose: The loan facility is specifically for funding the acquisition of 73,00,000 equity shares of Steel Infra Solutions Company Limited and covering transaction-related expenses.
Relationship Details:
- No shareholding exists between the parties
- The parties are not related to promoter/promoter group/group companies
- The transaction does not qualify as a related party transaction
- The transaction is conducted at arm's length
Regulatory Compliance: The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026.