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    HomeNewsBusinessAnnouncementsUltimate Logistics & Metallurgical Engg in process to acquire majority stake in Lloyds Steel

    Ultimate Logistics & Metallurgical Engg in process to acquire majority stake in Lloyds Steel

    Ultimate Logistics & Metallurgical Engg in process to acquire majority stake in Lloyds Steel

    November 19, 2012 / 15:19 IST

    With reference to the news item appearing in a leading financial daily titled "Uttam Galva acquires Lloyds Steel; to invest Rs. 380 crore more", Lloyds Steel Industries Ltd has clarified to BSE that, "Miglani Family - Controlled Group Companies namely Ultimate Logistics Solutions Pvt. Ltd and Metallurgical Engineering & Equipment Ltd are in the process of acquiring majority stake in Lloyds Steel Industries Limited for which the open offer was also made to all its shareholders in terms of regulation 20 of SEBI (SAST) regulations 2011.".Source : BSE

    Read all announcements in Lloyds Steel

    first published: Nov 19, 2012 03:19 pm

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