Lloyds Metals and Energy Receives CCI Approval for 49.99% Stake Acquisition in Thriveni Pellets

Lloyds Metals and Energy Ltd. has received approval from the Competition Commission of India (CCI) for the acquisition of a 49.99% equity stake in Thriveni Pellets Private Limited (TPPL). This approval comes after the company's board approved the acquisition and issuance of equity shares on a preferential basis to Adler Industrial Services Private Limited in August 2025. The transaction was subject to the approval of the CCI, which has now been granted. The detailed order from the CCI is awaited and will be made available on the company's website.