LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange about General Updates i.e. considered and approved the allotment of 30,85,17,476 partly paid-up Equity Shares of face value Re.1/- each of our Company at a price of ₹32/- per Equity Share (including a premium of ₹31/- per Equity Share) ( Allotment ) to the eligible Equity shareholders of our Company of which ₹16/- per Equity Share (including a premium of Rs.15.50 per Equity Share) has been paid on application ( Allotment ) and the balance amount shall be payable in not more than two Calls, with terms and conditions such as the number of Calls and the timing and quantum of each Call as may be decided by our Board/ Securities Issue Committee from time to time to be completed on or prior to March 31, 2026
LLOYDSENGG · price
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Awaiting price reaction for this filing.
Lloyds Engineering Works has allotted 30,85,17,476 partly paid-up equity shares under its rights issue, first approved by the board in July 2024 for up to ₹1,050 crores. Shares have a face value of Re. 1 each and were priced at ₹32 per share (including a premium of ₹31). Eligible shareholders paid ₹16 per share on application, with the balance to be called in up to two further tranches, to be completed by March 31, 2026. After this allotment, the company's paid-up share capital stands at 116,55,10,466 fully paid-up shares plus 30,85,17,476 partly paid-up shares (₹0.50 paid-up). The board meeting concluded at 7:50 pm on June 5, 2025.
This finalises the rights issue allotment, increasing the share count by roughly 26.5%. Shareholders who participated now hold partly paid-up shares and may face future cash calls. The expanded share base and pending call money could put short-term pressure on the stock price.