Lloyds Engineering Works has approved a 7.07 crore share preferential allotment

has executed a major capital restructuring and strategic expansion. The company's Securities Issue Committee approved the allotment of 7.07 crore equity shares at ₹71.25 per share, totaling ₹504.04 crore, to complete its acquisition of Steel Infra Solutions Company Limited (SISCOL) and raise cash. Simultaneously, its material subsidiary, Lloyds Advance Defence Systems Limited, has partnered with Italy's Alpar Ingegneria for defence-focused technology transfer and licensed manufacturing. Lloyds Engineering Works is rapidly transitioning from a traditional heavy fabrication player into an integrated infrastructure and defence engineering platform. The acquisition of SISCOL through a ₹499.05 crore equity swap provides immediate scale in structural steel fabrication, which is critical for complex industrial projects. Simultaneously, the technology transfer agreement between its subsidiary LADS and Italy's Alpar Ingegneria positions the company to tap into India's high-margin indigenized defence manufacturing pipeline, driving operational leverage. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.