Pudumjee Paper Products Makes Power Play: ₹200 Million Lloyds Stake Signals Bold Growth Ambitions

Pudumjee Paper Products Limited has made the announcement of its intention to purchase equity shares of Lloyds Enterprises Limited from the open market at a total cost not exceeding ₹200 million (₹20 crore). The company made this announcement through a regulatory filing on April 16, 2025, with the acquisition to be carried out in one or more tranches at prevailing market prices.

This acquisition reflects Pudumjee Paper Products' aggressive capital allocation strategy and concentration on making the most of market opportunities to create incremental value.

 

Source: NSE Corporate Filing, Company Announcement, Simply Wall St