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Board approved acquisition of 88.12% stake in Steel Infra Solutions Company Limited (SISCOL) for ~₹1,073 Cr, funded via cash and share swap. SISCOL reported FY26 revenue of ~₹817 Cr and PAT of ~₹44 Cr. Board also approved borrowings of up to ₹1,000 Cr and preferential allotment of shares.
Lloyds Engineering Works Promoter Pledges 6 Crore Shares For ₹219 Crore Loan
Lloyds Engineering Works Allots ₹504 Crore Preferential Shares For SISCOL Acquisition
Lloyds Engineering Works Completes ₹504.04 Crore Preferential Share Allotment
Lloyds Engineering Works Shareholder Pledges 6 Crore Shares To Tata Capital
Lloyds Engineering Works Board Revises ₹326.73 Crore Rights Issue Objects