Lloyds Engineering Works Acquires SISCOL For ₹1,073 Crore Consideration

LEWL announced the acquisition of SISCOL for approximately ₹1,073 crores, funded via cash and equity, alongside a preferential share issue. The transaction targets combined revenue exceeding ₹10,000 crore by FY29/30. SISCOL reported FY26 revenue of ₹817 crore with an order book of ₹1,134 crore.