Divestment18 Apr 2026, 02:00 pm
ASI Industries sells 75,000 shares in Lloyds Metals & Energy
AI Summary
ASI Industries Ltd. has announced the sale of its entire shareholding in Lloyds Metals and Energy Ltd. on April 17, 2026. The company divested 75,000 equity shares, which constituted approximately 0.014% of the paid-up share capital of Lloyds Metals and Energy Ltd. The transaction was executed through open market sales at prevailing market prices via the stock exchange. Following this sale, ASI Industries Ltd. no longer holds any equity shares in Lloyds Metals and Energy Ltd. The company has stated that this divestment of investment will not have any material impact on its financials, operations, or other activities.
Key Highlights
- ASI Industries divested its full stake in Lloyds Metals.
- Sold 75,000 equity shares, 0.014% of Lloyds Metals.
- Transaction completed via open market sales.
- Company now holds no shares in Lloyds Metals.
- No material financial or operational impact expected.
Price Impact
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