Lloyds Engineering Acquires 51.13% Stake in SISCOL for ₹626.4 Cr

Lloyds Engineering Works Limited has announced the acquisition of a 51.13% stake in Steel Infra Solutions Company Limited (SISCOL) for a total consideration of ₹626.39 crore. The acquisition was completed through a combination of cash and share swap. This strategic move makes SISCOL a subsidiary of Lloyds Engineering, effective August 17, 2026. SISCOL is a company engaged in heavy steel fabrication and infrastructure solutions, with a turnover of ₹816.87 crore and a net profit of ₹43.42 crore for the fiscal year ending March 2026. The acquisition is not considered a related party transaction and is expected to bolster Lloyds Engineering's position in the infrastructure sector.