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Lloyds Enterprises gets nod to sell 24.20% equity stake in LICL

31 Mar 2025 Evaluate

Lloyds Enterprises (LEL) has received approval from board to sell 24.20% equity stake in Lloyds Infrastructure & Construction (LICL). Consequent, LICL will cease to be an Associate Company of LEL. The consideration received from such sale will be Rs 31.36 crore. 

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

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