Zenith Impex sells 21.27 lakh shares of Lloyd Electric and Engineering

12 Jan 2015

Zenith Impex has sold 21.27 lakh shares of Lloyd Electric and Engineering through the open market route. The shares were sold on an average price of Rs 138.19 valuing the transaction to Rs 29.39 crore. On the other hand, Orange Mauritius Investments has bought 20 lakh shares in the company for an average price of Rs 137.80, through open market route valuing the transaction at Rs 27.56 crore.

Lloyd Electric & Engineering is in the business of manufacturing heat exchanger coils for air-conditioning and refrigeration application, ‘U’ bend and return bend for heat exchanger coils, system tubing and header line for air conditioner equipment and sheet metal items for air conditioner systems made from CNC presses and are leaders in India

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