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Established in 1974, Lloyds Steels Industries is primarily engaged in the design, Manufacturing, and Commissioning of heavy equipment, machinery & systems for the HydroCarbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers, and Turnkey Projects.
Lloyds Engineering Works' committee approved the allotment of 7.00 Cr equity shares, valued at 499.05 Cr, to acquire Steel Infra Solutions Company Limited (SISCOL) via a share swap. The company also allotted 7 lakh equity shares to a non-promoter for 4.99 Cr cash. This strategic move completes the SISCOL acquisition...
Lloyds Engineering's subsidiary LADS formed an agreement with Italy's Alpar Ingegneria. This partnership enables LADS to design, develop, manufacture prototypes, and gain technology transfer for licensed production of advanced systems in India, boosting domestic capabilities.
Lloyds Engineering secured a Rs. 200 Cr loan from Tata Capital to acquire Steel Infra Solutions Company Limited (SISCOL). This financing enables a key strategic acquisition, expanding the company's business portfolio.
Lloyds Engineering's subsidiary LADS partnered with Poland's FLYFOCUS for licensed manufacturing, marketing, and supply of UAS products in India, plus joint R&D. This strategic move expands LADS's defence market presence and product development.
Lloyds Engineering Works granted 29.81 lakh employee stock options, including to subsidiary and associate staff. Options are priced at ₹9.50 each, potentially valued at ₹2.83 Cr if fully exercised, aimed at boosting talent retention.