StockWatch
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Industrial Minerals
Acquisitions23 Mar 2026, 05:31 pm

ASI Industries Acquires Shares of Lloyds Metals and Energy Ltd for Investment Purpose

AI Summary

ASI Industries Ltd has acquired equity shares of Lloyds Metals and Energy Ltd for investment purposes through the stock exchange. The acquisition is not a related party transaction and the ASI Industries Limited does not intend to acquire control of the Target Entity. The acquisition cost is Rs.1.78 Crores and the total cumulative shareholding is 0.014%. Lloyds Metals & Energy Ltd is a prominent Indian enterprise in the steel and mining sector, established in 1977.

Key Highlights

  • ASI Industries acquires shares of Lloyds Metals and Energy Ltd
  • Acquisition is for investment purposes
  • Total cost of acquisition is Rs.1.78 Crores
  • ASI Industries does not intend to acquire control of the Target Entity
  • Lloyds Metals & Energy Ltd is a prominent Indian enterprise in the steel and mining sector