Newspaper Advertisement- Basis of Allotment under Right issue.
GYFTR · price
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Awaiting price reaction for this filing.
LKP Finance Limited filed newspaper advertisements on October 17, 2025 regarding the Basis of Allotment for its recently completed Rights Issue. The ad was published in Financial Express (English), Jansatta (Hindi), and Pratahkaal (Marathi), in compliance with SEBI Listing Regulations. The Rights Issue comprised up to 27,93,232 fully paid-up equity shares of Rs. 10 face value at Rs. 450 per share (including Rs. 440 premium), aggregating up to Rs. 12,568.62 lakhs, in a ratio of 6 rights shares for every 27 existing shares held as on the September 11, 2025 record date. A total of 645 allottees received 19,95,803 shares (597 eligible shareholders got 19,58,753 shares and 48 renouncees got 37,050 shares). Promoters Hindon Mercantile Limited and Kapil Garg received 17,05,923 and 3,716 rights shares respectively.
This is a routine post-allotment regulatory disclosure confirming the completion of the rights issue allotment process. No material impact on stock price is expected — it simply formalizes how shares were distributed among eligible shareholders and renouncees.