The board of Lloyds Engineering Works at its meeting held on 26 December 2025 has approved the ‘Amendment' to Share Purchase Agreement for acquisition of remaining 12% stake in Techno Industries (TIPL) i.e. 14,99,999 equity shares at a Face Value of Rs. 10 /- each for a consideration of Rs. 22.70 crore in reference to Share Purchase Agreement originally entered on July 30, 2024.
Pursuant to this, the Company shall hold an aggregate stake of 100% in Techno Industries, thereby becoming wholly owned subsidiary of the Company.