Deals & funding28 Sep 2026 · 6:04 PM IST
LLOYDSMELloyds Metals and Energy
Lloyds Metals puts ₹607 crore into its subsidiary Thriveni Earthmovers and Infra
Lloyds Metals and Energy was allotted 3.5 crore shares in a rights issue by its subsidiary Thriveni Earthmovers and Infra, for ₹606.76 crore.
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- Sector
- Metals & Mining
What happened
- Lloyds Metals and Energy subscribed to a rights issue by its subsidiary, Thriveni Earthmovers and Infra Private Limited, and was allotted the shares on 28 September 2026.
- It received 3.5 crore equity shares at ₹173.36 each, a total of ₹606.76 crore.
- According to Whalesbook's report, the investment was first announced on 10 August 2026.
Key facts
- Shares allotted
- 3.5 crore
- Price per share
- ₹173.36
- Total
- ₹606.76 crore
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