Lloyds Engineering Works Limited successfully secured ₹99 crores through a Rights Issue.
Mark Corporate Advisors Private Limited and Pioneer Investcorp Limited served as the lead managers for this Rights Issue.
Rajani Associates provided legal counsel to Lloyds Engineering for this transaction.
The transaction was overseen by a team from Rajani Associates, comprising Sangeeta Lakhi (Senior Partner), Pearl Boga (Principal Associate), Karen Issac (Senior Associate), and Niharika Payannavar (Associate).
Legal Diligence Team: Pearl Boga (Principal Associate), Karen Issac (Senior Associate), Rashi Rajani (Senior Associate), Niharika Payannavar (Associate) and Kriti Bhatt (Associate).
Lloyds Engineering offers comprehensive engineering and infrastructure solutions, covering the design, engineering, manufacturing, fabrication, and installation of heavy equipment, machinery, and systems. Their clientele includes the hydrocarbon (oil & gas) sector, steel processing industries, captive power plants within steel facilities, the marine sector, ports, heat exchangers utilized in nuclear power plants, and various other projects.