Announced Mon, 29 Jun · 23:05 IST
Subsidiary stake reduced from 100% to 85% after private placement
General View source PDF
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
-2.8%1-day move
₹87.21
prior close
₹87.78
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2+1.1-0.6-0.4-2.8-4.4-3.6+4.4-2.0-1.9+4.5———
Up moveDown movePending
AI summary
Lloyds Engineering Works stake in Lloyds Advance Defence Systems Limited (LADSL) drops from 100% to 85%. LADSL approved a private placement of shares to the holding company and two other investors via special resolution on June 24, 2026, with board allotment on June 29, 2026. LADSL is no longer a wholly-owned subsidiary but remains a subsidiary.
Likely market impact
Minor dilution of subsidiary ownership. LADSL stays a subsidiary but no longer wholly-owned. Largely neutral for parent shareholders.