Acquisition / mergerFiled on BSE ·
Lloyds Engineering Works Limited files scheme for merger with three transferor companies
What the filing says
- Scheme approved by NCLT on August 19, 2026, involving merger of LICL, MHPL, TIPL into LEWL
- Share exchange ratio set: 94 shares of ₹1 each in LEWL for every 5 shares of ₹10 each in MHPL; TIPL wholly owned, no shares issued
- Unsecured creditors' dues: ₹595.93 crore (First Applicant), ₹46.81 crore (Second Applicant), ₹44.85 crore (Third Applicant), ₹104.55 crore (Fourth Applicant)
Original filing
Notice Of Meeting Of Equity Shareholders Of Lloyds Engineering Works Limited Pursuant To The Order Of NCLT
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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.