Shareholding20 Apr 2026, 07:32 pm
Lloyds Metals Acquires 5.31% Stake in Bharat Wire Ropes
AI Summary
Lloyds Metals and Energy Limited (LMEL), along with its Person Acting in Concert (PAC) Lloyds Enterprises Limited (LEL), has acquired a 5.31% stake in Bharat Wire Ropes Limited (BWRL). This acquisition, made through open market purchases on April 17, 2026, increased LMEL's total holding from 0.46% to 5.77%. The transaction involved the acquisition of 36,46,875 equity shares. Both companies are listed on BSE and NSE. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Lloyds Metals & Energy acquired 5.31% stake in Bharat Wire Ropes.
- Total holding increased from 0.46% to 5.77% post-acquisition.
- Acquisition was made via open market purchases.
- Disclosure filed under SEBI SAST Regulations 2011.
- Lloyds Enterprises Limited acted as a Person Acting in Concert.
Price Impact
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