ASI Industries Acquires Lloyds Enterprises Shares for ₹3.25 Cr

ASI Industries Limited has acquired an additional 5,00,000 equity shares of Lloyds Enterprises Limited for investment purposes, bringing its total holding to 10,00,000 shares, representing 0.065% of the target entity's share capital. The acquisition, completed on October 22, 2026, for a cash consideration of ₹3.25 Crores, is intended to yield long-term and short-term investment benefits. ASI Industries does not intend to acquire control of Lloyds Enterprises, which is engaged in iron and steel trading, investments, and diversified business activities. The target entity reported a standalone turnover of ₹463.20 Crore and PAT of ₹268.09 Crore for FY26.