Lloyds Entities Acquire Significant Stake in Bharat Wire Ropes Limited
Lloyds Metals and Energy Limited (LMEL), along with its associate, Lloyds Enterprises Limited (LEL), has acquired a substantial stake in Bharat Wire Ropes Limited (BWRL). The acquisitions took place on Friday, April 17, 2026.The combined entity, acting together, significantly increased its holding in BWRL. Prior to the acquisition, the combined holding was reported at 0.46% of the company's Paid-Up Share Capital / Voting Rights. Following the acquisition, the combined stake rose to 5.77% of the Paid-Up Share Capital / Voting Rights of the company.
The detailed acquisition figures show that LMEL and LEL executed the purchases through the market.
According to the acquisition details, the breakdown of shares acquired is as follows:
| Acquirer Name | Shares Acquired | Percentage of Total Shareholding |
|---|---|---|
| Lloyds Metals Energy Limited (LMEL) | 20,00,000 | 2.91% |
| Lloyds Enterprises Limited (LEL) | 16,46,875 | 2.40% |
| Total Shares Acquired | 36,46,875 | 5.31% |
These acquisitions represent a significant shift in the shareholding pattern of Bharat Wire Ropes Limited.
The company's capital structure details indicate that the total share capital before the acquisition, as well as after the acquisition, remained Rs. 686229140/- divided into 6,86,22,914 Equity Shares of Rs. 10/- each. The total diluted share/voting capital of the company after the transaction was also reported as Rs. 686229140/- divided into 6,86,22,914 Equity Shares of Rs. 10/- each.
The acquisition was carried out through the Open Market, confirming the purchase of Equity Shares.
BHARATWIRE Stock Price Movement
Bharat Wire Ropes Limited shares slipped today, settling at ₹222.84 after shedding 0.56% in trading. The stock closed on a volume of 832,923 shares, having traded within an intraday range between ₹217.36 and ₹233.01.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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