LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange regarding 'Notice for payment of First and Final call on partly paid equity shares issued and allotted on Rights basis, pursuant to Letter of Offer dated April 19, 2025 ( First and Final Call Notice )'.
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Lloyds Engineering Works has issued a First and Final Call Notice for the remaining unpaid amount on partly paid equity shares that were allotted under the company's Rights Issue pursuant to the Letter of Offer dated April 19, 2025. Shareholders who were allotted these partly paid shares are now required to pay the balance call money by the specified due date. If a shareholder fails to make the payment within the stipulated time, the partly paid shares are liable to be forfeited as per the terms of the issue. The notice typically contains the call amount per share, the record date, and the last date for payment.
Shareholders who participated in the April 2025 Rights Issue must pay the remaining call money on time to avoid forfeiture of their shares. Failure to pay could result in loss of the partly paid equity shares held under the rights entitlement.