News ArticleLloyds Engineering Works to Inject Rs. 100 Crore into Subsidiary Steel Infra Solutions via Equity Subscription
Investment to be made in two tranches to support business expansion and liquidity, with full completion expected within 18 months
Lloyds Engineering Works Limited plans to invest Rs. 100,00,00,020 in its subsidiary Steel Infra Solutions Company Limited via preferential allotment of equity shares to support liquidity and smooth operations, with completion expected within 18 months.
Lloyds Engineering Works Limited
Acquisition / Amalgamation / Merger / Demerger
Lloyds Engineering Works Limited announced it will invest Rs. 100,00,00,020 in its subsidiary Steel Infra Solutions Company Limited by subscribing to up to 3,33,33,334 equity shares on a preferential basis to strengthen liquidity and fund business expansion.
The investment will be made in two stages: Rs. 50,00,00,010 payable on subscription and allotment, and Rs. 50,00,00,010 payable later as decided by both companies by calling on partly paid shares.
Steel Infra Solutions Company Limited (SISCOL) operates six production facilities across India with an aggregate capacity of 100,000 metric tons annually, serving sectors such as energy and infrastructure.
SISCOL reported a turnover of Rs. 816.87 Crore and net profit of Rs. 43.42 Crore for the fiscal year 2025-26, and has contributed to major infrastructure projects including Terminal 1 at Delhi Airport and Noida International Airport.
The entire transaction is expected to complete within 18 months and involves cash consideration at Rs. 30 per equity share of face value Re. 1 each.
The acquisition is conducted at arm's length, with three common directors shared between Lloyds and SISCOL, and complies with applicable laws and SEBI regulations.
Highlights
- Investment size: Rs. 100,00,00,020 via subscription to 3,33,33,334 equity shares at Rs. 30 per share
- Two-tranche payment: Rs. 50,00,00,010 at allotment and Rs. 50,00,00,010 later upon call
- Subsidiary SISCOL’s FY 2025-26 turnover: Rs. 816.87 Crore and net profit: Rs. 43.42 Crore
- SISCOL specializes in heavy steel fabrication and infrastructure solutions with six production facilities in India
- Transaction expected to complete within 18 months
Key Data Snapshot
What happened
- Lloyds Engineering Works Limited plans to invest Rs. 100,00,00,020 in subsidiary Steel Infra Solutions Company Limited (SISCOL) through subscription to equity shares on a preferential basis.
- The investment aims to support business expansion, liquidity management, and smooth operations in SISCOL.
Key details
- Investment will be in two tranches: Rs. 50,00,00,010 at subscription and allotment, and Rs. 50,00,00,010 upon call on partly paid equity shares.
- The issue price is Rs. 30 per equity share of Re. 1 face value, totaling up to 3,33,33,334 shares.
- The transaction is conducted at arm’s length based on independent valuation.
- Common directors include Mr. Shree Krishna Gupta, Mr. Mukesh Gupta, and Mr. Devidas Kambale.
- No governmental or regulatory approvals are required according to the filing.
Background and context
- SISCOL is a subsidiary engaged in heavy steel fabrication and infrastructure solutions serving energy, infrastructure, and industrial segments.
- It operates six production facilities across India including a recently operational Hyderabad plant, with an aggregate capacity of 100,000 MT per annum.
- SISCOL's reported turnover and net profit in fiscal 2025-26 were Rs. 816.87 Crore and Rs. 43.42 Crore respectively.
- Notable projects include Terminal 1 at Delhi Airport, ITPL Bangalore, and Noida International Airport.
Next milestones
- The entire investment transaction is expected to be completed within 18 months from the date of announcement.
- The timeline for the second tranche payment will be mutually decided by Lloyds Engineering Works Limited and SISCOL.
Highlights
- Investment size: Rs. 100,00,00,020 via subscription to 3,33,33,334 equity shares at Rs. 30 per share
- Two-tranche payment: Rs. 50,00,00,010 at allotment and Rs. 50,00,00,010 later upon call
- Subsidiary SISCOL’s FY 2025-26 turnover: Rs. 816.87 Crore and net profit: Rs. 43.42 Crore
- SISCOL specializes in heavy steel fabrication and infrastructure solutions with six production facilities in India
- Transaction expected to complete within 18 months
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Master Circular dated January 30, 2026
- Companies Act, 2013
SISCOL is a subsidiary of Lloyds Engineering Works Limited; common directors exist among entities.
Common directors include Mr. Shree Krishna Gupta, Mr. Mukesh Gupta, and Mr. Devidas Kambale.
More News on Acquisition / Amalgamation / Merger / Demerger
View allLatest corporate announcements and market updates in Acquisition / Amalgamation / Merger / Demerger.
Fine Organic Industries Posts Rs.135.14 Crore Q2 Profit and Expands Subsidiary Investment by Rs.120 Crore
Fine Organic Industries Limited announced its standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, reporting a net profit of Rs.135.14 crore in the quarter. The Board also approved a Rs.120 crore increase in investment in its wholly owned subsidiary Fine Organic Industries (SEZ) Private Limited to support a new manufacturing plant, boosting the total investment limit to Rs.420 crores.
Read Full Story
Affle 3i Limited to Acquire Perion Network Ltd. for $420 Million to Enhance AI-Powered Consumer Platform Globally
Affle 3i Limited’s wholly owned Israeli subsidiary has signed an agreement to acquire 100% of Perion Network Limited’s outstanding shares for US$ 420 million in an all-cash deal. This acquisition will expand Affle's AI-powered Consumer Platform business across developed markets including the USA, Canada, Israel, and Europe.
Read Full Story
Sapphire Foods India Secures Competition Commission Approval for Merger with Devyani International
Sapphire Foods India Limited announced that the Competition Commission of India has approved its proposed merger with Devyani International Limited under the Competition Act, 2002, enabling the companies to advance their Scheme of Arrangement.
Read Full Story
