Acquisitions24 Jun 2025, 06:11 pm
Lloyds Metals Completes Acquisition of 26.82% Stake in HR Godavari for Rs. 17.4 Crores
AI Summary
Lloyds Metals and Energy Ltd. has completed the acquisition of 10,74,074 equity shares, representing 26.82% of the issued and paid-up share capital of HR Godavari Private Limited. The acquisition was done at a consideration of Rs. 17,40,00,000. HR Godavari has now become an Associate Company of Lloyds Metals. This development is in line with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations.
Key Highlights
- Lloyds Metals has completed the acquisition of 26.82% stake in HR Godavari
- The acquisition was done at a consideration of Rs. 17.40 crores
- HR Godavari has become an Associate Company of Lloyds Metals
- The acquisition is in line with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations