CCI approves demerger of Thriveni Earthmovers MDO business and acquisition by Lloyds Metals

The Competition Commission of India approved the demerger of Thriveni Earthmovers' MDO business into Thriveni Earthmovers and Infra, and the acquisition of 79.82% of TEIPL by Lloyds Metals and Energy.

“The combination envisages demerger of mining development and operations (MDO) business of Thriveni Earthmovers Private Limited into Thriveni Earthmovers and Infra Private Limited; acquisition of 79.82% shareholding in TEIPL by Lloyds Metals and Energy Limited”pib.gov.in

• 1 source
• pib.gov.inPress Release: Press Information BureauMay 13, 2025

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