Lloyds Enterprises Limited has announced the successful completion of its acquisition of 73,00,000 equity shares in Steel Infra Solutions Company Limited (“SISCOL”). This transaction, representing 17.98% of SISCOL’s total equity share capital, was finalized on August 17, 2026, for a total cash consideration of approximately ₹219,00,00,000. This strategic acquisition aligns with the company’s growth objectives and strengthens its position in the sector.
Lloyds Enterprises Finalizes Major Acquisition
Lloyds Enterprises Limited has officially concluded its acquisition of a substantial stake in Steel Infra Solutions Company Limited (“SISCOL”). The transaction involved the purchase of 73,00,000 equity shares, which constitutes 17.98% of SISCOL’s outstanding equity share capital. This significant development was finalized on August 17, 2026.
Transaction Details and Consideration
The acquisition was carried out through a cash consideration, with the total amount paid by Lloyds Enterprises amounting to approximately ₹219,00,00,000 (Rupees Two Hundred and Nineteen Crores). This acquisition follows an earlier intimation dated June 18, 2026, regarding the execution of the Share Purchase, Share Subscription and Shareholders’ Agreement (“SPSSSHA”). The deal was executed between Lloyds Enterprises Limited, its material subsidiary Lloyds Engineering Works Limited (“LEWL”), Streamland Estate LLP, SISCOL, and the shareholders of SISCOL.
Strategic Implications
This acquisition marks a key milestone for Lloyds Enterprises, reinforcing its strategic growth initiatives and expanding its operational footprint. The company has made this information available on its official website, www.lloydsenterprises.in.
Source: BSE
