Acquiring Company
Lloyds Engineering
Acquired Company
SISCOL
Description
Lloyds Engineering has acquired a 51% stake in SISCOL for ₹626 crore, taking control of the steel fabrication firm. This acquisition allows Lloyds Engineering to enhance its position in the engineering sector. SISCOL reported ₹817 crore in revenue in FY26 and has significant steel fabrication capacity. The deal marks an important strategic move for both companies.
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M&A Insights
Based on deal dataFrequently asked
Who acquired SISCOL?
SISCOL was acquired by Lloyds Engineering, based in Madhya Pradesh. The deal was reported on August 17, 2026. Lloyds Engineering is a company engaged in the engineering and construction sectors. It specializes in the provision of high-quality engineering services. Lloyds Engineering is privately held and operates in Construction.
When did Lloyds Engineering acquire SISCOL?
Lloyds Engineering's acquisition of SISCOL was reported on August 17, 2026. Lloyds Engineering has acquired a 51% stake in SISCOL for ₹626 crore, taking control of the steel fabrication firm. This acquisition allows Lloyds Engineering to enhance its position in the engineering sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SISCOL do?
SISCOL is a steel fabrication firm with a significant market presence. The company reported ₹817 crore in revenue for FY26. It has the capacity to fabricate 100,000 tonnes of steel annually. It is privately held, operating in Manufacturing.