Allotted 7.07 crore shares via preferential issue for SISCOL acquisition and cash

Fund Raising View source PDF Explain this filing

LLOYDSENGG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.1%Reaction day

₹91.20

prior close

₹91.77

announcement price

After-mkt

timing

Nifty Microcap 250market+0.4%+2.7% vs market

Industrial Products peers, median of 133sector-0.0%+3.1% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 3.1 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.0

15m

+0.8

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.1+0.4+2.7-0.0+3.1

Next day

+1.7-0.2+1.9+0.0+1.7

+1.2+0.3+0.9+0.6+0.6

-0.4+0.6-1.0+1.0-1.4

-3.9+0.8-4.7+0.8-4.7

-6.1+0.4-6.5+0.6-6.7

-3.6+0.7-4.4-0.2-3.4

15d

-10.5+2.0-12.5+1.8-12.4

-9.5+0.7-10.3+1.8-11.3

+3.2-3.4+6.6-1.2+4.4

—————

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 133Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lloyds Engineering allotted 7,07,42,458 equity shares at Rs 71.25 each (face value Rs 1, premium Rs 70.25) on a preferential basis. Of these, 7,00,42,458 shares were issued to SISCOL shareholders as consideration other than cash to acquire 1,66,35,087 shares of Steel Infra Solutions. The remaining 7,00,000 shares went to Prime Securities for Rs 4.99 crore cash. Total share-swap value: about Rs 499 crore.

Likely market impact

Share count rose from 148 crore to 155 crore, causing dilution. Share-swap expands business through SISCOL acquisition.