Acquisition of shares through Stock Exchange.
Price
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ASI Industries Ltd has bought 11,000 equity shares (0.002% stake) of Lloyds Metals and Energy Ltd (LMEL) for Rs. 1.61 crore on 18 July 2025. The purchase was made entirely in cash through the stock exchange for investment purposes, with no intention to gain management control. LMEL operates in the steel and mining sector, with FY25 turnover of Rs. 6,721.40 crore, profit after tax of Rs. 1,450.95 crore, and net worth of Rs. 6,403.08 crore. The transaction is not a related party deal and was carried out at arm's length pricing.
This is a tiny treasury investment (just 0.002% stake) and is unlikely to move ASI Industries' share price or change its business direction. It signals deployment of surplus cash but has no material financial or operational impact on shareholders.