StockWatch
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Industrial Minerals
Divestment29 Jul 2026, 11:09 am

ASI Industries Sells Entire Stake in Lloyds Engineering Works

AI Summary

ASI Industries Limited has divested its entire shareholding of 10,00,000 equity shares in Lloyds Engineering Works Ltd. The sale, representing approximately 0.068% of Lloyds Engineering Works' paid-up share capital, was conducted through open market transactions at prevailing market prices on July 28, 2026. Following this transaction, ASI Industries no longer holds any equity shares in Lloyds Engineering Works. The company has stated that this divestment has no material impact on its financials, operations, or other activities.

Key Highlights

  • ASI Industries sold its entire stake in Lloyds Engineering Works.
  • Transaction involved 10,00,000 equity shares via open market.
  • Divestment has no material financial or operational impact.
  • Company's holding in Lloyds Engineering Works is now NIL.