The event occurred on 9th October 2026 at 3:30 PM. The company became aware of the detailed particulars regarding the acquisition outside normal working hours, hence the intimation was made on 10th October 2026 after resumption of normal working hours.
Acquisition Details
- Target Entity: Lloyds Enterprises Limited
- Acquisition Date: 9th October 2026
- Nature of Consideration: Cash Consideration
- Total Cost of Acquisition: ₹3.03 Crores
- Shares Acquired: 410,000 shares (0.027% of target entity's share capital)
- Previous Holding: 90,000 shares (0.006%)
- Total Holding Post-Acquisition: 500,000 shares (0.033%)
Target Entity Information
- Industry: Iron and steel trading, investments, and diversified business activities across industrial sectors including heavy engineering, fabrication, real estate development, and mining/iron ore business through investments in Lloyds Engineering Works Limited, Lloyds Realty Developers, and Lloyds Metals and Energy Limited
- Date of Incorporation: 15th October 1986
- Financial Performance (Standalone as at 31/03/2026):
- Turnover: ₹463.20 Crore
- PAT: ₹268.09 Crore
- Net worth: ₹5195.68 Crore
- Historical Turnover:
- FY 2025-26: ₹463.20 Crore
- FY 2024-25: ₹593.37 Crores
- FY 2023-24: ₹316.72 Crore
- Country of Presence: India
Transaction Characteristics
- Related Party Transaction: No
- Promoter/Promoter Group Interest: No
- Arm's Length Transaction: Yes
- Objects of Acquisition: Investment purpose with view to reap long-term/short-term investment benefits
- Control Intention: The company does not intend to acquire control whether directly or indirectly of the management of the Target Entity
- Government/Regulatory Approvals Required: Not Applicable
- Completion Status: Acquisition completed on 9th October 2026
Additional Information
The information relating to the target entity has been obtained from its website and annual report for FY 2025-26 and audited financial results for the year ended 31st March 2026, and BSE/NSE Website.