BSELords Mark Industries LtdMediumNeutral
Announced Fri, 24 Jul · 01:01 IST
Corrigendum: Equity issue price is Rs 195, not Rs 10
Fund Raising View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Lords Mark Industries issued a corrigendum to its July 23 board meeting outcome. The issue price per equity share was wrongly stated as Rs. 10 due to a typographical error. The correct price is Rs. 195 per share, made up of face value Rs. 10 and securities premium of Rs. 185. All other details of the original disclosure remain unchanged.
Likely market impact
Significant correction - actual issue price is Rs 195, much higher than the Rs 10 originally reported. Other terms unchanged.