Acquisitions19 Jun 2026, 04:04 pm
Lloyds Enterprises Acquires 17.98% Stake in Steel Infra Solutions
AI Summary
Lloyds Enterprises Limited (LEL) announced a definitive agreement to acquire a 17.98% stake in Steel Infra Solutions Company Limited (SISCOL) for approximately ₹219 crores. This acquisition values SISCOL at ₹1,220 crores. SISCOL, a significant player in structural steel fabrication with a proven track record and a blue-chip client base, will enhance LEL's capabilities in heavy structural fabrication. Following this acquisition, the combined group holding in SISCOL will be approximately 88%. SISCOL reported FY26 revenue of ₹817 crore, EBITDA of ₹92 crore, and PAT of ₹44 crore, with a robust order book of ₹1,134 crore. SISCOL will continue to operate under its existing brand and leadership.
Key Highlights
- LEL acquires 17.98% stake in Steel Infra Solutions Company Limited.
- Acquisition values SISCOL at ₹1,220 crores; LEL's contribution is ~₹219 crores.
- Strengthens group holding in SISCOL to ~88% with LEWL's existing stake.
- SISCOL reported FY26 revenue of ₹817 crore and has a ₹1,134 crore order book.
- Acquisition enhances heavy structural fabrication capabilities and scale.
Price Impact
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