Competition Commission Approves Merger of Three Entities with Lloyds Engineering Works Limited
The Competition Commission of India (CCI) has approved the proposed Scheme of Merger by Absorption involving Lloyds Infrastructure & Construction Limited, Metalfab Hightech Private Limited, and Techno Industries Private Limited. The merger involves absorbing the three transferor companies into Lloyds Engineering Works Limited, which is a material subsidiary of Lloyds Enterprises Limited.The approval, granted during a meeting held on May 12, 2026, covers the Scheme of Merger by Absorption. This transaction is conducted under Section 31(1) of the Competition Act, 2002, and operates pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
The merger details the absorption of the following entities:
| Role | Company Name | Status |
|---|---|---|
| Transferor Company 1 | Lloyds Infrastructure & Construction Limited | Absorbing Entity |
| Transferor Company 2 | Metalfab Hightech Private Limited | Absorbing Entity |
| Transferor Company 3 | Techno Industries Private Limited | Absorbing Entity |
| Transferee Company | Lloyds Engineering Works Limited | Receiving Entity (Material Subsidiary) |
The CCI’s approval relates to the combination of the three transferor companies with Lloyds Engineering Works Limited. The approval signals the formal clearance for the structure of the absorption merger.
LLOYDSENT Stock Price Movement
Shares of Lloyds Enterprises Limited are edging higher to ₹72.47 as of 1:03 PM, rallying 1.83% in live trading. The stock is drawing considerable interest, with over 2.15 million shares trading throughout the session.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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