Lloyds Engineering Works Ltd proposes up to ₹100 crore investment in subsidiary SISCOL
- Investment via preferential subscription of up to 3,33,33,334 shares at ₹30 each, in two equal tranches.
- Transaction expected to be completed within 18 months; proceeds intended for expansion, liquidity and operations.
- SISCOL reported FY26 turnover of ₹816.87 crore and net profit of ₹43.42 crore; transaction is at arm’s length, based on an independent valuation, with no regulatory approvals required.