Lloyds Enterprises: board OKs merger of 3 group firms into LEWL

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

LLOYDSENT · price

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Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹60.75

prior close

₹61.25

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%-0.8% vs market

Trading - Metals peers, median of 8sector-1.3%+0.4% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 0.4 pts more than its Trading - Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.7

15m

-0.6

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-0.1-0.8-1.3+0.4

Next day

-1.7+1.3-3.0-2.1+0.5

+3.2+1.6+1.6-0.5+3.8

+3.2+2.5+0.7-0.7+3.9

+10.9+2.8+8.1-1.9+12.7

+9.0+2.1+6.9-2.0+11.0

+5.0+0.1+4.9-4.0+9.0

15d

-9.5-7.2-2.3-11.1+1.6

-3.7-4.4+0.7-9.2+5.5

-17.9-6.4-11.5-7.0-10.9

-32.2-15.1-17.2-14.5-17.8

UpDownMarket · Nifty Microcap 250Sector · Trading - Metals peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board of Lloyds Engineering Works (LEWL) approved a scheme to merge Lloyds Infrastructure and Construction (LICL), Metalfab Hightech (MHPL) and Techno Industries (TIPL) into LEWL by absorption. Scheme under Sections 230-232 of Companies Act, subject to NCLT and other approvals. Swap ratios: 1,798 LEWL shares per 1,500 LICL shares, 94 LEWL shares per 5 MHPL shares, no new shares for TIPL since LEWL already owns it. LICL brings an order book over Rs 4,500 crore. LICL turnover Rs 911 crore, LEWL turnover Rs 434 crore. Related party transaction at arms length.

Likely market impact

Group restructuring to consolidate engineering and infrastructure businesses under LEWL; awaits NCLT and shareholder approvals.