LLOYDSMEBSELloyds Metals and Energy LtdMediumNeutral
Announced Sat, 4 Jul · 15:02 IST

Lloyds Metals acquires additional 12.27% stake in Hexa Energy MH3

Listed Co AcquisitionStrategic Transactions View source PDF

LLOYDSME · price

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Price reaction · full curve 14 horizons · vs prior close
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₹1776.90
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₹1784.00
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AI summary

Lloyds Metals subscribed to 22,340 equity shares of Hexa Energy MH3 for about Rs 3.15 crore, representing 12.27 percent of its paid-up equity capital. After this, the company's total holding in Hexa MH3 rises to 44,681 shares or 29.72 percent, meeting the 26 percent minimum commitment made under Share Subscription and Shareholders Agreements signed in May and June 2025.

Likely market impact

Strengthens Lloyds Metals' presence in Hexa Energy MH3, moving past the 26 percent threshold committed earlier. Modest cash outflow of about Rs 3.15 crore.