Lloyds Metals acquires additional 19.40% stake in Mandovi River Pellets

Lloyds Metals and Energy Limited announced on August 29, 2025, the acquisition of an additional 19.40% equity stake in Mandovi River Pellets Private Limited (MRPPL). This follows an earlier intimation dated August 12, 2025. The company subscribed to 1,64,90,000 equity shares, representing 19.40% of MRPPL's total issued, subscribed, and paid-up equity share capital.

The aggregate consideration for this acquisition was Rs. 16,49,00,000. This transaction aligns with Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

A separate intimation will be provided to the stock exchange upon the credit of these securities to the company's demat account.