B Prabhakaran - Business Standard Article

Rahulpatel399113 Jan, 2025Business

In a significant development in India's mining sector, Lloyd Metals & Energy Ltd. has announced the acquisition of a 79.82% equity stake in Thriveni Earthmovers Private Limited, marking a strategic expansion in its mining operations. This move has resulted in the share of Lloyds soaring in the stock market attributed to B. Prabhakaran, the Managing Director of Thriveni Earthmovers who is now at the helm of Lloyds as the Managing Director.