ASI Industries Ltd. Acquires Stake in Lloyds Metals and Energy Ltd.
ASI Industries Ltd. announced the acquisition of equity shares in Lloyds Metals and Energy Ltd. for investment purposes on March 17, 2026. The acquisition was completed on that date.The total cost of the acquisition amounted to Rs. 3.69 Crores, representing a cash consideration. The acquisition resulted in a fresh acquisition of 30,000 shares, bringing the total cumulative shareholding of ASI Industries Ltd. to 60,000 shares, or 0.011% of Lloyds Metals and Energy Ltd.’s outstanding shares.Lloyds Metals and Energy Ltd., incorporated on April 5, 1977, operates in the steel and mining sector. As of March 31, 2025, the company reported a turnover of Rs. 6721.40 Crore, a...