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Lloyds Enterprises secures Rs 219 crore loan from Tata Capital for Steel Infra acquisition
13-Aug-2026, 07:20
Lloyds Enterprises Limited has entered into a loan agreement with Tata Capital Limited for financial assistance of Rs 219,00,00,000 to fund the proposed acquisition of 73,00,000 equity shares of Steel Infra Solutions Company Limited and related transaction expenses. The loan, secured against equity shares of Lloyds Engineering Works Limited, was executed on August 13, 2026, and brings the total outstanding loans to Rs 316,00,00,000.
Lloyds Enterprises Limited has entered into a loan agreement with Tata Capital Limited for financial assistance of Rs 219,00,00,000 to fund the proposed acquisition of 73,00,000 equity shares of Steel Infra Solutions Company Limited and related transaction expenses. The loan, secured against equity shares of Lloyds Engineering Works Limited, was executed on August 13, 2026, and brings the total outstanding loans to Rs 316,00,00,000.