Announced Wed, 15 Jul · 17:58 IST
EGM: Steel Infra Solutions stake acquisition and preferential share issue approved
Board & Shareholder Meetings View source PDF
LLOYDSENGG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹89.10
prior close
₹89.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-1.2-1.5-0.9-0.7+2.5+2.2-2.5-1.7+2.6————
Up moveDown movePending
AI summary
Lloyds Engineering Works held an EGM on July 15, 2026 where shareholders approved both special resolutions with over 99.7 percent majority. Resolution 1: Acquisition of controlling stake in Steel Infra Solutions via share swap (99.79 percent in favor). Resolution 2: Issue of equity shares on preferential basis for cash (99.79 percent in favor). EGM conducted via video conferencing, concluded at 11:15 AM.
Likely market impact
Company to acquire Steel Infra Solutions stake via share swap and issue shares preferentially for cash, both approved with over 99.7 percent shareholder support.