Lloyds Engineering Acquires Metalfab Hightech for ₹28.41 Crore 

Mumbai, May 20, 2025 – Lloyds Engineering Works Limited (NSE: LLOYDSENGG) has announced the acquisition of Metalfab Hightech Private Limited, a heavy fabrication firm based in Nagpur. The deal, valued at ₹28.41 crore in cash, is part of Lloyds Engineering’s broader strategy to expand its footprint in the fast-growing steel, power, and infrastructure sectors.

Transaction Highlights

Under the terms of the deal, Lloyds Engineering will acquire a 0.76% equity stake in Metalfab Hightech. Prior to this transaction, Lloyds did not hold any ownership in the company. The acquisition will be completed in a single phase and is expected to close by May 30, 2025.

About Metalfab Hightech Pvt. Ltd.

Founded on April 17, 1996, Metalfab Hightech has built a solid reputation in the heavy fabrication industry. The company specialises in manufacturing large-scale industrial structures and equipment for key sectors such as steel, power, core industries, and railway bridges.

Its operational growth has been notable, with revenue rising from ₹35.42 crore in FY23 to ₹159.07 crore in FY25—marking an impressive 349% growth in just two years.

• Authorised Share Capital: ₹3.3 crore
• Paid-Up Capital: ₹2.875 crore
• Registered Office: Nagpur, Maharashtra
• Operations: Pan-India

Strategic Purpose Behind the Acquisition

In an official statement, Lloyds Engineering described the acquisition as a “strategic fit” with its long-term growth plans. The company highlighted that this move would significantly boost its capacities and offerings in the heavy fabrication and equipment manufacturing domain.

“This acquisition strengthens our position in the high-growth heavy fabrication sector and expands both our capabilities and product portfolio,” the company noted in its disclosure.

Nature of the Transaction and Regulatory Aspects

• Mode of Payment: Cash
• Related Party Transaction: No
• Promoter/Group Entity Involvement: None
• Arms-Length Basis: No
• Regulatory Approvals Required: Not applicable

Future Outlook

The acquisition aligns with Lloyds Engineering’s strategic goal of scaling its operations through targeted, synergistic expansions. As demand continues to rise in the infrastructure and industrial sectors, the integration of Metalfab Hightech is expected to act as a growth catalyst for Lloyds in FY26 and beyond.

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