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.