SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Lloyds Enterprises informs about outcome of board meeting

18 Jun 2026 Evaluate
Lloyds Enterprises has informed that the Board of Directors of the Lloyds Enterprises (Company) at its meeting held today, Thursday, 18th June, 2026 have considered and approved the following: A Share Purchase, Share Subscription and Shareholders’ Agreement (SPSSSHA) dated 18th June, 2026, has been entered between the Company, Lloyds Engineering Works Limited (Material Subsidiary of the Company/LEWL), Streamland Estate LLP, Steel Infra Solutions Company Limited (SISCOL or the Target Company) and shareholders of SISCOL. Pursuant to the SPSSHA, the Company, LEWL and Streamland Estate LLP have agreed to acquire, in aggregate, 3,57,80,117 equity shares of Target Company, constituting 88.12% of the total outstanding equity share capital of the Target Company, constituting 88.12% of the total outstanding equity share capital of the Target Company, for the total consideration of about Rs 1,073.40 Cr. The acquisition shall be undertaken as - a. Acquisition of 73,00,000 equity shares, constituting 17.98% of the total outstanding equity share capital of the Target Company, by Lloyds Enterprises Limited through cash, for the total consideration of about Rs. 219 Cr; b. Acquisition of upto 2,11,80,117 equity shares, constituting 52.16% of the total outstanding equity share capital of the Target Company, by the Lloyds Engineering Works Limited partly through cash and partly through share swap (i.e. non-cash consideration basis), for the total consideration of about Rs. 635.40 Cr; and c. Acquisition of 73,00,000 equity shares, constituting 17.98% of the total outstanding equity share capital of the Target Company, by Streamland Estate LLP through cash, for the total consideration of about Rs 219 Cr.

The above information is a part of company’s filings submitted to BSE.

Lloyds Enterprises Share Price

77.20 0.25 (0.32%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 280.90
Amrapali Industries 42.31
Adani Enterprises 3037.90
Rashi Peripheral 752.80
PDS 338.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: