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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
ASI Industries Ltd

ASI Industries Acquires 0.064% Stake in Lloyds Engineering Works for Rs. 4.48 Crores

M&A ● No Immediate Change LOW RISK
📅 Filed on BSE: 23 Oct 2026, 03:21 PM IST  ·  BSE ID: 0dffd9b6-673b-4341-b9a0-fad6cef3d545
View Original BSE Filing (PDF)
💡
In Simple Terms
ASI Industries bought more shares in Lloyds Engineering Works for Rs. 4.48 Crores, increasing its total stake to 0.064%.
🤖 AI Summary
  • ASI Industries acquired 5,00,000 equity shares of Lloyds Engineering Works Ltd. on October 22, 2026.
  • The acquisition cost totaled Rs. 4.48 Crores, paid as cash consideration for investment purposes.
  • Post-acquisition, ASI Industries holds 10,00,000 shares in Lloyds Engineering Works Ltd.
  • This represents a 0.064% shareholding of the total share capital of Lloyds Engineering Works Ltd.
  • Lloyds Engineering Works reported a turnover of Rs. 1052.22 Crore and PAT of Rs. 118.27 Crore as of March 31, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Cost of acquisition
Rs. 4.48 Crores
Percentage of shareholding acquired
0.064%
Turnover of Lloyds Engineering Works Ltd. (FY26)
1052.22 Crore
PAT of Lloyds Engineering Works Ltd. (FY26)
118.27 Crore
Net worth of Lloyds Engineering Works Ltd. (FY26)
1595.31 Crore
Lloyds Engineering Works Ltd. Turnover (FY25)
Rs.755.78 Crores
Lloyds Engineering Works Ltd. Turnover (FY24)
Rs.624.24 Crore
🏢 How This Affects the Company
📈
Business Impact
This acquisition is for investment purposes, aiming for long-term or short-term benefits, and ASI Industries does not intend to acquire control over the target entity's management.
💰
Financial Impact
The acquisition involved a cash outflow of Rs. 4.48 Crores for ASI Industries, increasing its investment portfolio.
⚠️
Risk Impact
The filing states the transaction was done at 'arm’s length' and does not involve related party transactions or promoter group interest.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this filing.
👤
Who Is Affected
Shareholders of ASI Industries Limited are indirectly affected as company cash (Rs. 4.48 Crores) was utilized for this investment, which now forms part of the company's asset base.
🔍
Management Signal
The acquisition signals management's strategy to deploy cash for portfolio investments, seeking long-term or short-term benefits without pursuing control of target entities.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
ASI Industries' next quarterly financial results — check for updates on investment portfolio value.
Future disclosures on any additional stake acquisitions in Lloyds Engineering Works Ltd.
Annual report for FY27 — assess the realized benefits from this investment.
LOW RISK The acquisition is a minority stake for investment purposes and does not involve significant operational or control-related risks.
💡 Investor Takeaway
ASI Industries Limited acquired an additional 5,00,000 shares of Lloyds Engineering Works Ltd. for Rs. 4.48 Crores, increasing its total stake to 0.064%. This cash acquisition was for investment purposes, with no intent to gain management control.
⚖️ Strengths & Concerns

✅ Positives

  • Acquisition completed through stock exchange at arm's length, indicating a market-based transaction.
  • Target entity, Lloyds Engineering Works, reported a substantial turnover of Rs. 1052.22 Crore as of March 31, 2026.

⚠️ Concerns

  • The 0.064% shareholding does not provide ASI Industries with any control or significant influence over Lloyds Engineering Works Ltd.
  • The specific 'long-term-/short-term investment benefits' from this minority stake are not detailed in the filing.
📅 Company Track Record
In October 2026, ASI Industries made multiple investment-related filings. This includes acquiring 0.034% of Lloyds Engineering Works for Rs. 4.81 Crores on October 9, 2026, and an additional 0.027% in Lloyds Enterprises for Rs. 3.03 Crores on October 10, 2026. The company also acquired 0.031% in PC Jeweller for Rs. 4.34 Crores on October 16, 2026, which it subsequently sold on October 17, 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the total cost of acquisition for ASI Industries in Lloyds Engineering Works Ltd.?
The total cost of acquisition for the additional shares was Rs. 4.48 Crores, paid in cash consideration.
What percentage of Lloyds Engineering Works Ltd. does ASI Industries now hold?
After the acquisition, ASI Industries Limited holds 0.064% of the total share capital of Lloyds Engineering Works Ltd.
What was the turnover of Lloyds Engineering Works Ltd. in FY26?
The standalone turnover of Lloyds Engineering Works Ltd. was 1052.22 Crore as at March 31, 2026.
Does ASI Industries intend to control Lloyds Engineering Works Ltd.?
No, ASI Industries Limited stated it does not intend to acquire control, whether directly or indirectly, of the management of Lloyds Engineering Works Ltd.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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