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Lloyds Engineering Works has completed the acquisition of a controlling stake in Steel Infra Solutions, a heavy steel fabrication and infrastructure solutions provider, for a total consideration of approximately 626.40 crore rupees. The acquisition, structured with a combination of cash and share swap, will see Lloyds Engineering Works hold 51.13% of Steel Infra Solutions, making it a subsidiary. Lloyds Enterprises Limited and Streamland Estate LLP also participated in the acquisition, with Lloyds Enterprises Limited paying 219 crore rupees in cash. The move is intended to expand Lloyds Engineering’s capabilities, generate synergies, and potentially lead to a future listing of Steel Infra Solutions within three years. Steel Infra Solutions, incorporated in 2017, reported revenue of 816.87 crore rupees for the fiscal year 2025-26.

Lloyds Engineering Works Limited said its subsidiary, Lloyds Advance Defence Systems Limited, entered into an agreement with Alpar Ingegneria S.R.L. of Italy to design, develop, and manufacture a product prototype, transfer technology, and license manufacturing of the products in India.

LloydsEngineeringWorksLimited announced it has entered into a loan agreement with TataCapitalLimited for Rs 200 crore to finance the proposed acquisition of equity shares of SteelInfraSolutionsCompanyLimited for an aggregate consideration of approximately Rs 200 crore. The loan agreement was executed on August 13, 2026, and details are available on the company`s website at www.lloydsengg.in.

Net profit of Lloyds Engineering Works rose 111.96% to Rs 63.97 crore in the quarter ended June 2026 as against Rs 30.18 crore during the previous quarter ended June 2025. Sales rose 142.92% to Rs 527.15 crore in the quarter ended June 2026 as against Rs 217.01 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales527.15217.01 143 OPM %12.5512.22 - PBDT75.9732.92 131 PBT68.9929.73 132 NP63.9730.18 112 Powered by Capital Market - Live News

Lloyds Engineering Works will hold a meeting of the Board of Directors of the Company on 6 August 2026.