Lloyds Enterprises Limited has informed the Exchange regarding Letter of Offer dated Monday, 11th August, 2025 for Rights Issue of equity shares
LLOYDSENT · price
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Lloyds Enterprises Limited has filed the Letter of Offer dated August 11, 2025 for a Rights Issue of up to 25,44,25,324 partly paid-up equity shares of face value Re. 1 each. The issue price is Rs. 39 per share (including a Rs. 38 premium), aggregating to about Rs. 992.26 crores. Eligible shareholders can subscribe in the ratio of 1 Rights Share for every 5 fully paid-up shares held as on the record date of August 14, 2025. Investors need to pay Rs. 19.50 (50%) on application, with the balance payable in up to two calls by March 31, 2027. The issue opens on August 25, 2025 and closes on September 8, 2025.
Eligible shareholders will get the opportunity to buy additional shares at Rs. 39 each, but the issue is sizeable at nearly Rs. 1,000 crores which could lead to share price dilution. Shareholders should review the use of proceeds and decide whether to subscribe, renounce, or let the rights lapse by the September 8, 2025 deadline.