Lloyds Engineering Works Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/04/2025 ,inter alia, to consider and approve matters in connection ....
LLOYDSENGG · price
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Lloyds Engineering Works has called a Board meeting on April 8, 2025 to finalise the details of its proposed Rights Issue of up to ₹1,050 crores, which was first approved by the Board on July 30, 2024. The meeting will decide the issue price, total issue size, entitlement ratio, record date, and opening/closing dates of the rights issue. The trading window for insiders is already closed from April 1, 2025 and will remain shut until 48 hours after the board meeting concludes, also covering the audited March-quarter results.
Shareholders should watch for the record date announcement, as only those holding shares on that date will be eligible to subscribe to the rights issue. The final pricing and entitlement ratio will determine how much capital existing shareholders may need to invest to maintain their stake.