Lloyds Engineering Acquires 51.13% Stake in SISCOL for ₹626.4 Cr
Lloyds Engineering Works Limited has announced the acquisition of 2,08,79,871 equity shares, representing 51.13% of the total outstanding equity share capital of Steel Infra Solutions Company Limited (SISCOL), for a total consideration of INR 626,39,61,300. The acquisition was partly through cash and partly through share swap. Lloyds Enterprises Limited and Streamland Estate LLP also acquired stakes in SISCOL. Following this acquisition, SISCOL has become a subsidiary of Lloyds Engineering Works Limited, effective August 17, 2026. SISCOL is engaged in heavy steel fabrication and infrastructure solutions, with a turnover of Rs. 816.87 Crores and a net profit of Rs. 43.42 Crores for the fiscal year April 2025-March 2026.
Key Highlights
- Lloyds Engineering acquired 51.13% of SISCOL for ₹626.4 Cr.
- SISCOL becomes a subsidiary of Lloyds Engineering.
- Acquisition involved cash and share swap components.
- SISCOL reported ₹816.87 Cr turnover and ₹43.42 Cr net profit.
- Transaction effective from August 17, 2026.
Price Impact
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