Lloyds Enterprises to Acquire 88% Stake in Steel Infra Solutions In ₹1,073 Crore Deal; Shares Fall 3%
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Lloyds Enterprises is set to acquire an 88% stake in Steel Infra Solutions in a ₹1,073 crore deal, though the company's shares have fallen 3% following the announcement. The company has also reported a strong financial performance, with a profit of ₹268 crore in FY26, and has declared a 5% dividend. The acquisition and financial results were discussed during the company's 40th annual general meeting, where all 14 resolutions were passed.
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