ASI Industries Sells Shares of Lloyds Engineering Works, Reducing Stake to Nil
ASI Industries Ltd has completed the sale of its equity stake in Lloyds Engineering Works Ltd, confirming that the company’s holding in the firm is now NIL. The transaction was finalized on July 21, 2026, through open market dealings conducted via the stock exchange at prevailing market prices.The move involved ASI Industries selling 6,05,291 equity shares of Lloyds Engineering Works Ltd. Prior to the sale, these shares represented approximately 0.041% of the paid-up share capital of Lloyds Engineering Works Ltd.
The open market transaction resulted in ASI Industries completely divesting its investment in the company. The firm confirmed that the disposal of the investment has no material impact on its financial standing, operations, or any other business activities.
Stock Price Movement
As of 12:32, ASI Industries Ltd is ticking down at ₹23.39, having fallen by 0.34%. The shares have traded within a range today, touching lows near ₹23.02 and highs up to ₹23.69.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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