CCI Clears Lloyds Metals’ 49.99 Per Cent Stake In Thriveni Pellets
ECONOMY & POLICY

CCI Clears Lloyds Metals’ 49.99 Per Cent Stake In Thriveni Pellets

The Competition Commission of India (CCI) has approved the acquisition of a 49.99 per cent equity stake in Thriveni Pellets Private Limited (TPPL) by Lloyds Metals and Energy Limited (LMEL).
The proposed combination involves Lloyds Metals acquiring nearly half of TPPL’s share capital, strengthening its presence in the domestic iron ore and pellet industry.
Lloyds Metals and Energy Limited was originally incorporated as an iron ore mining company. Its business operations now span four major segments: iron ore mining, direct reduced iron (DRI) production, captive power generation, and pellet trading. The company supplies iron ore fines and pellets mined or produced across global markets.
Thriveni Pellets Private Limited, the target company, is engaged in the sale of iron ore pellets within India. Its wholly owned subsidiary, Brahmani River Pellets Limited, is involved in the production and sale of iron ore pellets across the country.
The CCI stated that a detailed order outlining the approval and conditions of the transaction will be issued separately. 

The Competition Commission of India (CCI) has approved the acquisition of a 49.99 per cent equity stake in Thriveni Pellets Private Limited (TPPL) by Lloyds Metals and Energy Limited (LMEL).The proposed combination involves Lloyds Metals acquiring nearly half of TPPL’s share capital, strengthening its presence in the domestic iron ore and pellet industry.Lloyds Metals and Energy Limited was originally incorporated as an iron ore mining company. Its business operations now span four major segments: iron ore mining, direct reduced iron (DRI) production, captive power generation, and pellet trading. The company supplies iron ore fines and pellets mined or produced across global markets.Thriveni Pellets Private Limited, the target company, is engaged in the sale of iron ore pellets within India. Its wholly owned subsidiary, Brahmani River Pellets Limited, is involved in the production and sale of iron ore pellets across the country.The CCI stated that a detailed order outlining the approval and conditions of the transaction will be issued separately. 

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Next Story
Real Estate

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Next Story
Infrastructure Urban

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?