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VERIFIEDET Markets·neutral
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh shares
AI Summary
- ·Lloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for approximately Rs 1,073 crore.
- ·Madhu Kela will become an investor in Lloyds Engineering as part of the SISCOL acquisition.
- ·Madhu Kela is set to receive nearly 73 lakh shares in Lloyds Engineering.