Announcement under Regulation 30 (LODR) - Allotment
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Awaiting price reaction for this filing.
Landmarc Leisure Corporation has allotted 18,00,00,000 (18 crore) equity shares on a preferential basis at Rs. 1.11 per share, comprising Rs. 1 face value and Rs. 0.11 premium. The total amount raised is Rs. 19.98 crore from 9 allottees, including entities like Apalaya Fashion Limited, Franklin Leasing and Finance Limited, Great Fin Leasing and Credit Limited, and Gyandeep Financial Advisory Private Limited, along with individual investors. The subscription money has been fully received. The board meeting was held on October 6, 2025, and the allotment was approved under SEBI ICDR Regulations and the Companies Act, 2013.
This preferential allotment will dilute existing shareholders' equity by issuing 18 crore new shares, significantly expanding the share count. The issue price of Rs. 1.11 is very low with minimal premium, suggesting fundraising rather than valuation-driven equity issuance, and may weigh on the stock price post-allotment.