BSECompany Update1d ago · 23 Jul 2026, 01:10 pm
Intimation of acquisition of shares through stock exchange
ASI Industries Ltd · 502015
✦ AI Summaryacquisition
ASI Industries Ltd has acquired 10,00,000 shares of Lloyds Engineering Works Ltd through the stock exchange for an investment purpose, with a total cost of Rs.8.90 Crores. The acquisition is not intended to acquire control of the management of the target entity. The acquired entity specializes in the design and manufacture of heavy equipment, machinery, and systems, catering to various industries.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
ASI Industries Ltd - 502015 - Announcement under Regulation 30 (LODR)-Acquisition
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www.asigroup.co.in
23th July 2026
BSE Limited
Listing Department
P. J. Tower, Dalal Street,
Mumbai-400001
Script Code: 502015 Trading Symbol: ASIIL ISIN: INE443A01030
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the ASI Industries
Limited ("the Company") has acquired equity shares of Lloyds Engineering Works Ltd for investment
purpose.
The disclosure pursuant to Regulation 30 of the SEBI Listing Regulations read with Para A of Part A of
Schedule III of the SEBI Listing Regulations, is attached as “Annexure A’’.
The event has occurred on 22nd July,2026 at 3:30 P.M. and Company became aware of detailed particulars
of acquisition of shares today during business hours.
This is for your information and records.
Thanking you,
Yours faithfully
For ASI INDUSTRIES LIMITED
MANISH KAKRAI
Company Secretary & Compliance Officer
WORKS : REGISTERED OFFICE :
ASI House, Marathon Innova, A Wing, 7th Floor,
Kudayala Indl. Area, Ramganjmandi, Off G K Marg, Lower Parel,
Kota – 326519, Rajasthan. Mumbai – 400 013, Maharashtra, India.
mail@asigroup.co.in +91 22 40896100 | info@asigroup.co.in
GST No.08AACCA3549F1ZU CIN : L14101MH1945PLC256122
www.asigroup.co.in
ANNEXURE “A”
Name of the target entity: - Lloyds Engineering Works Ltd
Details in brief such as size, turnover etc. As at 31/03/2026
*Turnover (Standalone) 1052.22 Crore
*PAT 118.27 Crore
*Net worth 1595.31Crore
Whether the acquisition would fall within Related NO
Party Transaction(s)
Whether the promoter/ promoter group/ group NO
companies have any interest in the entity being acquired?
If yes, Nature of interest and details thereof Not Applicable
whether the same is done at "arm’s length"? Yes
Industry to which the entity being acquired belongs Specialize in the design and manufacture of heavy
equipment, machinery
Objects and impact of acquisition The shares were acquired through stock exchange
(Including but not limited to, disclosure of reasons for and form part of investment purpose of the ASI
acquisition of target entity, if its business is outside the Industries Limited with view to reap the long-
main line of business of the listed entity) term-/short-term investment benefits.
The ASI Industries Limited do not intend to
acquire control whether directly or indirectly
of the management of the Target Entity.
Brief details of any governmental or regulatory N.A
Approvals required for the acquisition
Indicative time period for completion of the Event has occurred on 22/07/2026 and
acquisition acquisition is completed
Nature of consideration- whether cash consideration Cash Consideration
or share swap or any other form and details of the same
Cost of acquisition or the price at which the shares are Total Cost of acquisition Rs.8.90 Crores
acquired (Total value) (Rs in Crore)
Percentage of shareholding / control acquired and / or Fresh acquisition being 10,00,000 shares
number of shares acquired; (Total 0.068 % of shareholding)
Brief background about the entity acquired in terms of Lloyds Engineering Works Ltd in Engineering
products/line of business acquired Business, specialize in the design and manufacture
of heavy equipment, machinery, and systems
tailored to meet the stringent requirements of
various industries. From the Hydrocarbon sector
to Oil & Gas, Steel Plants, Power Plants, Nuclear
Plant Boilers, and Turnkey Projects, our
comprehensive portfolio of products and solutions
caters to diverse needs and applications.
WORKS : REGISTERED OFFICE :
ASI House, Marathon Innova, A Wing, 7th Floor,
Kudayala Indl. Area, Ramganjmandi, Off G K Marg, Lower Parel,
Kota – 326519, Rajasthan. Mumbai – 400 013, Maharashtra, India.
mail@asigroup.co.in +91 22 40896100 | info@asigroup.co.in
GST No.08AACCA3549F1ZU CIN : L14101MH1945PLC256122
www.asigroup.co.in
Date of incorporation 19/09/1994
History of last 3 years turnover Financial Year
1"st Previous year turnover 2025-26 Rs. 1052.22 Crore
2'd Previous year turnover 2024-25 Rs.755.78 Crores
3'd Previous year turnover 2023-24 Rs.624.24Crore
Country in which the acquired entity has presence India
Any other significant information (in brief) The Information Relating to the target entity has
been obtained from its website and annual report
for the FY-24-25 and audited financial results for
the year ended 31st March 2026 and BSE/NSE
Website
WORKS : REGISTERED OFFICE :
ASI House, Marathon Innova, A Wing, 7th Floor,
Kudayala Indl. Area, Ramganjmandi, Off G K Marg, Lower Parel,
Kota – 326519, Rajasthan. Mumbai – 400 013, Maharashtra, India.
mail@asigroup.co.in +91 22 40896100 | info@asigroup.co.in
GST No.08AACCA3549F1ZU CIN : L14101MH1945PLC256122