Announced Fri, 11 Sept · 22:23 IST
Notice of unsecured creditors meeting for merger of 3 firms into Lloyds Engineering
LLOYDSENGG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.2%1-day move
₹83.49
prior close
₹83.09
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.7-1.7-1.5-4.2-3.9-1.2+2.2——————
Up moveDown movePending
AI summary
Lloyds Engineering Works (LEWL) holds an NCLT-ordered unsecured creditors meeting on Oct 16, 2026 via video conferencing to approve absorbing LICL, Metalfab Hightech and wholly-owned Techno Industries. Swap ratios: 1798 LEWL shares per 1500 LICL, 94 per 5 Metalfab, none for Techno. Aim: unified engineering group using LICL order book exceeding Rs. 4,500 crore. Effective date April 1, 2025; CCI clearance received May 2026.
Likely market impact
Approval supports merger creating larger engineering firm; LICL order book above Rs. 4,500 crore may lift combined scale.