LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange that Board of Directors at its meeting held on April 08, 2025, has decided to issue equity shares on rights basis in the ratio of 0 : 0, i.e 0 Equity Shares for every 0 Equity Shares held. Issue Price is 0 per share.
LLOYDSENGG · price
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Awaiting price reaction for this filing.
Lloyds Engineering Works informed the exchange that its Board of Directors, at a meeting held on April 8, 2025, approved an issue of equity shares on a rights basis. However, all key details — the rights ratio (0:0), issue price (₹0 per share), and number of shares — are reported as zero. This indicates the filing is a placeholder or that the substantive terms of the rights issue have not yet been disclosed. Shareholders will need to wait for a follow-up announcement with actual ratio, pricing, and record date information before assessing the impact on their holdings.
No actionable impact for shareholders at this stage since the rights ratio and price are both zero. Investors should watch for a revised filing with concrete details before making any decisions.