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Lloyds Enterprises acquires additional 12% stake in LICL

31 Jan 2025 Evaluate

Lloyds Enterprises has acquired additional 12.25% equity stake in Lloyds Infrastructure & Construction (LICL). Consequently, the aggregate holding of the company in LICL has increased from 12.25% to 24.50%. 

Pursuant to the said acquisition, LICL has become an Associate Company of the company with effect from January 30, 2025. 

Lloyds Enterprises is engaged into the trading of iron and steel.

Peers
Company Name CMP
Redington 331.15
Adani Enterprises 2604.00
Amrapali Industries 34.03
Maxgrow India 179.20
Rashi Peripheral 791.50
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