Nature of the Event
The disclosure is a mandatory regulatory filing concerning an investment acquisition.
Key Transaction Details
- Date of Event: The acquisition occurred on 22nd October, 2026, at 3:30 P.M.
- Date of Intimation: The company became aware of the detailed particulars outside of normal working hours and filed this intimation on 23rd October, 2026, after operations resumed.
- Purpose: The acquisition was for investment purposes to reap long-term/short-term investment benefits.
- Intent: The company explicitly states it does not intend to acquire control, whether directly or indirectly, of the management of Lloyds Engineering Works Ltd.
- Transaction Type: The shares were acquired through the stock exchange.
- Consideration: The acquisition was made using cash consideration.
- Total Cost: The total cost of acquisition was ₹4.48 Crore.
Acquisition Specifics
- Shares Acquired: The company acquired an additional 500,000 shares on 22/10/2026.
- Cumulative Holding: Prior to this acquisition, the company held 500,000 shares. Post-acquisition, the total shareholding stands at 1,000,000 shares.
- Percentage Stake: This holding represents 0.064% of the total share capital of Lloyds Engineering Works Ltd.
Details of the Target Entity (Lloyds Engineering Works Ltd)
- Industry: The company specializes in the design and manufacture of heavy equipment and machinery for industries including Hydrocarbon, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects.
- Financials (Standalone as of 31/03/2026):
- Turnover: ₹1052.22 Crore
- PAT: ₹118.27 Crore
- Net Worth: ₹1595.31 Crore
- Historical Turnover:
- FY 2025-26: ₹1052.22 Crore
- FY 2024-25: ₹755.78 Crores
- FY 2023-24: ₹624.24 Crore
- Country of Operation: India
- Date of Incorporation: 19/09/1994
Regulatory and Compliance Information
- Related Party Transaction: The acquisition is confirmed not to be a Related Party Transaction.
- Promoter/Group Interest: The promoter/promoter group/group companies have no interest in the acquired entity.
- Arm's Length: The transaction was conducted at arm's length.
- Governmental/Regulatory Approvals: No governmental or regulatory approvals were required for this acquisition (N.A.).
- Completion Status: The acquisition is completed.
- Source of Information: Details about Lloyds Engineering were obtained from its website, its annual report for FY 2025-26, its audited financial results for the year ended 31st March 2026, and the BSE/NSE website.