Lloyds Metals gets CCI approval for Thriveni Pellets stake acquisition

Lloyds Metals and Energy Limited has received approval from the Competition Commission of India (CCI) for its acquisition of a 49.99% equity stake in Thriveni Pellets Private Limited (TPPL). This approval was communicated via a CCI letter dated October 7, 2025.

This development follows an earlier disclosure on August 12, 2025, when the board of directors approved the acquisition and the preferential issuance of equity shares to Adler Industrial Services Private Limited (AISPL). The detailed order from the CCI is currently awaited.