LLOYDS ENTERPRISES LIMITED — Capital/Financing Update 2021

Jan 28, 2021

Date: 28% January, 2021

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To, BSE Limited The Corporate Relationship Department P.J. Towers, 1% Floor, Dalal Street, Mumbai - 400 001 BSE Scrip ID: SHRGLTR

Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015 read with Circular No. CIR/CFD/CMD/4/2015 dated September 09, ²⁰¹⁵

Ref: BSE Scrip Code: 512463

Dear Sir,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has entered today ie. 28% January, 2021 into a Share Purchase Agreement with Metallurgical Engineering and Equipments Limited & FirstIndia Infrastructure Private Limited (Collectively referred to as Sellers) to acquire the entire shareholding of the Sellers being 46.12 % of the Equity Shares of Lloyds Steels Industries Limited. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/ CFD/CMD/4/2015 dated 9th September, 2015 relating to the said acquisition are mentioned below in Annexure A and the details relating to the said Share Purchase Agreement are mentioned below in Annexure B.

Thanking You, Yours faithfully, For Shree Global Tradefin Limited

wn"

Viresh Sohoni Chief Financial Officer

Annexure

		SHREE GLOBAL TRADEFIN LIMITED Regd. Off: 35, Ashok Chambers, Broach Sireet, Devji Ratansey Marg,Masjid, Mumbai - 400 009.
		Tel. 022 — 2348 0526 email : Sgtl2008@email.com CIN : L27100MHI986PLC041252 Website : www.setlin
		Annexure
No	Sr. Particulars	Details
1__		Name of the target entity Lloyds Steels Industries Limited
	2 Size (Net worth/ Assets) as per last Balance Sheet Rs. 11, 239.35 Lakhs	Networth Financial 2019-20 Year the for -
3	Turnover as per last	F. Yr. 2019-20 - Rs. 11,446.48 Lakhs
	Balance Sheet 4 Whether the acquisition	This not a related party transaction. Shree Global is
	would fall within related	Tradefin Limited presently 7.27% holds (including
	party transaction and whether the	ownership beneficial name held the Ragini in of Trading & Investments Limited which was merged with
	promoter/promoter	Shree Global Tradefin Limited vide Hon'ble High Court
		group have any interest in Order dated 09th March, 2012) of the Equity Shares of the entity being acquired { Lloyds Steels Industries Limited.
5	Industry ofthe acquired Company	Steel and Engineering Industry
	6 Objects and effects of	Substantial management Acquisition shares and of
	acquisition-	control of Lloyds Steels Industries Limited.
	Disclosure of reasons for acquisition of target
	entity, if its business is
	outside the main line of business of the listed
	entity
	7 Brief details of any governmental or	The acquisition of 46.12% stake in the Target Company conditional upon Acquirer Shree the Global is i.e.
	regulatory approvals	Tradefin Limited having obtained requisite the
	required for the acquisition	approval/clearance from Open SEBI for the Offer in accordance with the Takeover Regulations.
8	Indicative time Period for Approximately 3 to 4 months
	Completion of the Acquisition
	9 Nature of Consideration	Swap of Equity Shares is 1: 3.125 (1 Share of Acquirer
	10 Cost of acquisition or the	against 3.125 Shares of the Sellers) The Cost of acquisition is Rs. 0.80 per share of Lloyds
	price at which the shares Steels are acquired	Industries 46.12% Limited. Further, Equity
		Company Shares Target the acquired in are for consideration other than cash allotment ie the to
		of 13,26,21,156 Sellers Equity Shares of Shree Global
		Tradefin Limited of Re. 1/- each at the issue price of Rs, 2.90 each aggregating to Rs. 33,15,52,890.
	11 Percentage of Shareholding/contral	41,44,41,116 Equity (46.12%) Shares Share the of
	acquired and/or number	Capital of Lloyds Steels Industries Limited
	of shares acquired

Sie

Regd. Off: 35, Ashok Chambers, Broach Street, Devji Ratansey Marg,Masjid, Mumbai — 400 609. Tel, 022 — 2348 0526 email : sgtl200a@gmail.com CIN : L27100MH1986PLC041252 Website : www.sgtlin

		SHREE GLOBAL TRADEFIN LIMITED Regd. Off: 35, Ashok Chambers, Broach Street, Devji Ratansey Marg,Masjid, Mumbai — 400 609.
		Tel, 022 — 2348 0526 email : sgtl200a@gmail.com CIN : L27100MH1986PLC041252 Website : www.sgtlin
	12 Brief background about the acquired company	in the engaged is Limited
	Line of business	Industries Steels Lloyds Fabrication of Engineering and Design, of business
		Heavy equipment, Waste Heat Recovery Boilers, Steel Plant, Power Plant Equipment and Naval Equipment.
	Date of Incorporation	19th September, 1994
	Last three year's . Turnover	F, Yr. 2017-18:- Rs. 12,250.25 Lakhs F. Yr. 2018-19:- Rs, 9,771.78 Lakhs
		F. Yr, 2019-20:- Rs. 11,446.48 Lakhs
	Country of India presence India	Annexure B
No	Sr. Particulars	Details
	1 Name(s) of parties with	Metallurgical Engineering and Equipments Limited & (Collectively Firstindia Infrastructure Private Limited
	whom the agreement is entered	Tradefin Global Shree and Sellers) as to referred
	2 Purpose of entering into	Limited (Hereinafter referred to as Acquirer) Acquisition of 46.12% Stake in Equity Shares of Lloyds
	the agreement	the from acquirer by the Limited Industries Steels sellers.
3	Shareholding, if any, in the entity with whom the	No
	agreement is executed	the Sellers have agreed to sell to the Acquirer The
	4 Significant terms of the agreement (in brief)	entire shareholding of the Sellers being 41,44,41,116
		Equity Shares comprising 46.12% of the Share Capital Industries Steels Lloyds ie Company Target in the
		Limited and the Acquirer have agreed to purchase the same against the Purchase Consideration (i.e, Allotment
		to the Sellers of 13,26,21,156 Equity Shares of Shree at the issue each Limited of Re. 1/-
		Global Tradefin price of Rs. 2.50 each aggregating to Rs. 33,15,52,890,
	are related to	5 Whether, the said parties The Sellers are not related to the promoter/promoter group of Shree Global Tradefin Limited
	promoter/promoter
	group/ group companies in any manner. If yes,
	nature of relationship	No
	6 Whetherthetransaction would fall within related
	party transactions? If yes, whether the same is done
	at "arms length"	Issuance of total 13,26,21,156 Equity Shares of Shree
7	Incase of issuance of shares to the parties,	each at the issue 1/- of Re. Limited Global Tradefin
	details of issue price, class	price of Rs. 2.50 each aggregating to Rs. 33,15,52,890 to
	of shares issued	the Sellers.

SHREE GLOBAL TRADEFIN LIMITED

	SHREE GLOBAL TRADEFIN LIMITED
	Regd. Off: 35, Ashok Chambers, Broach Street, Devji Ratansey Marg,Masjid, Mumbai — 400 009.
	Tel. 022 — 2348 0526 email : setl2008¢email.com CIN ; L27100MH1986PLC041252 Website : www. sgtlLin
Any other disclosures related to such	The agreement does not envisage any nomination on the board of directors of the listed entity. There is no
apreements, viz., details	potential conflict of interest arising out of the
of nominee onthe board of directors of the listed	agreement. Further, the required disclosures under the Securities and Exchange Board of India
entity, potential conflict	(Substantial Acquisition of Shares and Takeovers) Regulations,
of interest arising out of	2011 and the Companies Act, 2013 shall be made by
such agreements, etc;	the parties to the agreement.
In case ofterminationor Not Applicable
amendment of agreement,
listed entity shall disclose additional details to the
stock exchange(s):
Name of parties to the i.
agreement
ii. Nature of the
agreement;
iii. Date of execution of the agreement;
iv. Details of amendment
and impact thereof or
reasons of termination and impact thereof.