Deals23 May 2025, 01:24 pm
Lloyds Engineering Works Ltd: Promoter Sells 2.30% Equity Shares for Rs. 129.98 Crores to Thriveni Earthmovers
AI Summary
Lloyds Enterprises Limited, the promoter of Lloyds Engineering Works Ltd, has sold 2,68,00,000 equity shares of the company to Thriveni Earthmovers Private Limited. The deal was conducted through a block deal at a price of Rs. 48.50 per share, amounting to a total of Rs. 129,98,00,000. This represents 2.30% of the company's equity share capital.
Key Highlights
- Lloyds Enterprises Limited, the promoter of Lloyds Engineering Works Ltd, sold equity shares
- The shares were sold to Thriveni Earthmovers Private Limited
- The deal was conducted through a block deal
- The price per share was Rs. 48.50
- The total deal amounted to Rs. 129,98,00,000