Intimation of allotment of Equity Shares under the Lloyds Metals and Energy Limited Employee Stock Option Scheme 2024
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Lloyds Metals and Energy has allotted 9,541 equity shares to its Lloyds Employees Welfare Trust under the Lloyds Metals and Energy Limited Employee Stock Option Scheme 2024. The Nomination and Remuneration Committee approved this allotment via circular resolution on 1st July 2025. The shares have a face value of Rs. 1 each and were issued at an exercise price of Rs. 4 per share, which includes a Rs. 3 premium. After this allotment, the company's total paid-up equity share capital has increased to Rs. 52,33,48,232 divided into 52,33,48,232 equity shares. The newly issued shares will rank pari passu with existing equity shares, and there is no lock-in period applicable.
This is a very small issuance (9,541 shares against over 52.33 crore existing shares) resulting in negligible dilution for existing shareholders. The impact on stock price or shareholder value is minimal and largely procedural.