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Lloyds Metals & Energy secures CCIs nod to acquire 49.99% stake in Thriveni Pellets

08 Oct 2025 Evaluate

Lloyds Metals & Energy has secured Competition Commission of India’s (CCI) approval for acquisition of 49.99% equity share capital of Thriveni Pellets (TPPL). TPPL is engaged in the sale of iron ore pellets in India. TPPL’s wholly owned subsidiary -- Brahmani River Pellets is engaged in production and sale of iron ore pellets in India.

Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.

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