ASI Industries Ltd Sells Entire Shareholding in Lloyds Metals and Energy
ASI Industries Limited announced the complete divestment of its investment in Lloyds Metals and Energy Ltd. The sale, which occurred on April 17, 2026, saw the company offload its entire stake in the metal company through open market transactions.The sale involved 75,000 equity shares of Lloyds Metals and Energy Ltd. Prior to the transaction, these shares constituted approximately 0.014% of the paid-up share capital of Lloyds Metals and Energy Ltd. The divestment was executed at prevailing market prices via the stock exchange.
Following the sale of the investment, ASI Industries Limited reported that its holding of equity shares in Lloyds Metals and Energy Ltd is now nil.
The company confirmed that the sale of the investment has no material impact on its financials, operations, or other activities.
Stock Price Movement
ASI Industries Ltd shares finished Friday's session settled at ₹26.27, marking a strong day with a 1.86% gain. The shares tested a noticeable intraday range between a low of ₹25.40 and a high of ₹26.98.Source:
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