Acquisitions29 Aug 2025, 01:33 pm
Lloyds Metals Acquires 19.40% Stake in Mandovi River Pellets for Rs. 16.49 Crores
AI Summary
Lloyds Metals and Energy Ltd. has acquired 19.40% equity stake in Mandovi River Pellets Private Limited (MRPPL) for a total consideration of Rs. 16,49,00,000. The transaction was completed on 29th August, 2025, with the subscription of 1,64,90,000 equity shares, representing 19.40% of the total issued, subscribed, and paid-up equity share capital of MRPPL.
Key Highlights
- Lloyds Metals acquires 19.40% stake in Mandovi River Pellets Private Limited
- Transaction value is Rs. 16,49,00,000
- 1,64,90,000 equity shares subscribed by Lloyds Metals
- Completion date of the transaction is 29th August, 2025