Lloyds Engineering Works Limited acquires 88.12% stake in Steel Infra Solutions (SISCOL)
Lloyds Engineering Works · Industrial Manufacturing
Key highlights
- Acquisition involves up to 3,57,80,117 SISCOL shares for ₹1,073.40 crore via cash and share swap
- Lloyds acquires 52.16% stake partly with cash and preferential allotment of 7,06,74,554 equity shares at ₹71.25 each
- SISCOL FY26 revenue: ₹817 crore; profit after tax: ₹44 crore; capacity expansion and integration planned post-acquisition
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
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More from Lloyds Engineering Works
- Acquisition / mergerNotableLloyds Engineering Works Limited holds equity shareholders meeting to approve merger scheme
- Acquisition / mergerNotableLloyds Engineering Works notifies Oct 16, 2026 shareholder meeting on merger of three companies
- Acquisition / mergerNotableLloyds Engineering acquires 51.13% stake in Steel Infra Solutions Company Limited
- Board / shareholder meeting outcomeNotableLloyds Engineering Works Ltd holds EGM on July 15, 2026, approves share issuance
- Fundraise / allotmentNotableLloyds Engineering Works seeks approval to acquire SISCOL via share swap and cash
Other fundraise / allotment filings this fortnight
- IIFL Finance Limited announces preferential issue of shares and amendments on Nov 10, 2026
- IIFL Finance to raise ₹6,414 crore in primary equity infusion led by Blackstone
- Bajaj Finserv subscribes to 5,74,25,740 Bajaj Finance warrants at ₹1,010 each
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.