Lloyds Enterprises To Acquire 50% Stake in Prakar Estates for Rs 140 Crore
By Shishta Dutta | Updated at: Oct 13, 2025 05:39 PM IST
Mumbai, Jul 4, 2025 – Lloyds Enterprises Ltd (BSE: 512463, NSE: LLOYDSENT) announced today that its board has approved a strategic acquisition of a 50% partnership stake in Prakar Estates and Promoters LLP for ₹140 crore in cash. The deal marks a significant step in Lloyds’ move to strengthen its presence in India’s mining and gold exploration sector.
Investment Details
The acquisition, concluded during the board meeting held on July 4, 2025, is aimed at leveraging Prakar LLP’s existing 63.17% ownership in Geomysore Services India Pvt Ltd, which is developing one of India’s rare gold mining projects.
Transaction Snapshot
| Particulars | Details |
|---|---|
| Target Entity | Prakar Estates and Promoters LLP |
| Stake Acquired | 50% |
| Investment Amount | ₹140 crore |
| Mode of Consideration | Cash |
| Industry | Mining (gold exploration & processing) |
| Completion Date | Before July 15, 2025 |
| Regulatory Approvals | Not applicable |
| Nature of Transaction | Not a related party transaction |
Agreement Highlights
As part of the agreement between Lloyds Enterprises and the LLP:
- Lloyds will have the right to appoint one designated partner.
- The company will have veto rights on any change in the LLP’s capital structure.
- There are no potential conflicts of interest and the transaction does not fall under the related party category.
Key Agreement Terms
| Particulars | Details |
|---|---|
| Entities Involved | Lloyds Enterprises Ltd & Prakar Estates LLP |
| Agreement Value | ₹140 crore |
| Shareholding After Transaction | 50% partnership interest |
| Strategic Target | Investment into Geomysore Services India Pvt Ltd |
| Special Rights | Partner appointment and capital change restrictions |
About Prakar Estates and Promoters
Prakar Estates and Promoters LLP is engaged in acquiring and operating mineral assets with a key focus on gold mining. Incorporated on November 26, 2020, the LLP also provides geological services and engages in strategic investments across industrial value chains. While the entity reported no turnover for FY25, its capital base stands at ₹318.95 crore. Its core operational geography remains within India.
Strategic Significance
The acquisition is part of Lloyds Enterprises’ ongoing push to diversify into resource-led sectors. It builds on the company’s existing 31.58% stake in Geomysore Services and marks a deeper step into the gold mining space an area gaining momentum as global interest in commodities continues to grow.
Lloyds Enterprises Stock Performance
As of 1:55 PM IST, Lloyds Enterprises shares are trading at ₹ 91.73, a 0.73% increase on July 4, 2025. Lloyds Enterprises shares have gained 68% over the last year, 85% year-to-date, and increased by 38% in the previous month.
About Lloyds Enterprises
Lloyds Enterprises Ltd, listed on BSE and NSE, operates across engineering, manufacturing, and mining segments. The company is actively diversifying into high-growth, value-added sectors such as strategic minerals and industrial infrastructure.
This latest investment underscores its long-term commitment to tapping into India’s natural resource potential.
REF: https://nsearchives.nseindia.com/corporate/SGTL2008_04072025103908_OutcomeofBM.pdf
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