Lloyds Engineering Share Price Up Nearly 3%; Enters ₹200 Crore Loan Agreement with Tata Capital

Lloyds Engineering Works Limited has entered into a ₹200 crore loan agreement with Tata Capital Limited to finance the acquisition of equity shares in Steel Infra Solutions Company Limited (SISCOL), as per the exchange filings.  

It disclosed the agreement on August 13, 2026, through an exchange filing. 

Loan for SISCOL Acquisition 

The loan will fund the purchase of SISCOL equity shares through cash. The aggregate consideration for acquisition is approximately ₹200 crore, matching the loan agreement. 

Details of the Borrowing 

Tata Capital is the lender and Lloyds Engineering is the borrower. The facility is secured, with the total amount taken stated at ₹200 crore. The amount outstanding is nil. 

Security for the Loan 

Lloyds Engineering will provide a pledge of equity shares of Steel Infra Solutions Company Limited as security. The loan agreement was executed on 13 August 2026. 

Relationship Between Companies 

The filing states that Lloyds Engineering has no shareholding in Tata Capital. It also states that the two companies are not related to the promoter, promoter group or group companies. The transaction does not fall under related party transactions. 

Terms of the Agreement 

The filing does not list special rights under the agreement. Rights such as appointing directors, a first right to subscribe to shares in case of a fresh issue, or restrictions on changes in capital structure are marked as not applicable.  

No shares are being issued to Tata Capital. 

Regulatory Filing 

Lloyds Engineering made the disclosure to BSE and NSE under the Listing Regulations. The filing also refers to the SEBI Master Circular dated 30 January 2026. Details relating to board nominees, potential conflicts of interest, and termination or amendment of the agreement were stated as not applicable. 

Read More: Tata Motors PV Share Price Falls Over 5% After Q1 FY27 Earnings Results: Total Income Up 9% YoY! 

Lloyds Engineering Share Price Performance  

As of August 14, 2026, 11:16 am, Lloyds Engineering Works Ltd share price was trading at ₹93.60, a 2.69% increase from the previous closing price. 

Conclusion 

Lloyds Engineering will use the ₹200 crore secured loan from Tata Capital for the proposed purchase of SISCOL equity shares. The loan has nil outstanding as disclosed. 

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