CCI Approves Lloyds Metals’ 49.99% Stake Purchase in Thriveni Pellets

The Competition Commission of India (CCI) has approved Lloyds Metals & Energy’s plan to acquire a 49.99% equity stake in Thriveni Pellets. The approval, announced on Tuesday, 7 October 2025, confirms that the proposed transaction does not raise any competition concerns in the market. A detailed order from the regulator is expected to be issued in due course.

About the Acquisition

Under the proposed combination, Lloyds Metals & Energy will purchase nearly half of Thriveni Pellets’ share capital. The move allows the company to strengthen its footprint in the iron ore and pellet segment, adding strategic value to its existing operations. 

Thriveni Pellets, through its wholly owned subsidiary Brahmani River Pellets, is primarily engaged in manufacturing and selling iron ore pellets in India.

Company Operations

Originally incorporated as an iron ore mining company, Lloyds Metals & Energy has expanded into multiple segments. Its current business operations include iron ore mining, Direct Reduced Iron (DRI) production, captive power generation, and pellet trading. 

The company supplies iron ore fines and pellets to various domestic and international buyers. The acquisition of Thriveni Pellets aligns with its strategy to consolidate its position in the domestic iron ore pellet market while leveraging existing distribution channels.

Impact on Lloyds Metals & Energy Share Price

Following the news of the acquisition, Lloyds Metals & Energy share price has seen movements reflecting investor sentiment. As of 11:44 AM IST on October 8, 2025, Lloyds Metals & Energy (LLOYDSME) shares were trading at ₹1,306.60, down ₹4.80 or 0.37% from the previous close of ₹1,311.40. 

The stock opened at ₹1,318.80 and has traded within a day’s range of ₹1,301.20 to ₹1,318.80. The 52-week range for the shares is ₹891.05 to ₹1,612.00. The company’s market capitalisation currently stands at ₹68,639 crore, with a trading volume of 86,325 shares so far.

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Conclusion

The acquisition provides Lloyds Metals & Energy with the opportunity to expand its production capabilities and strengthen its presence in the domestic iron ore pellet market. By partnering with Thriveni Pellets, the company can optimise operations, improve supply chain efficiency, and cater to a broader set of customers. 

The approval from CCI ensures that the deal can progress without regulatory hurdles, providing clarity for investors and stakeholders.

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