Lloyds Metals And Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2025 ,inter alia, to consider and approve Intimation of Board ....
LLOYDSME · price
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The Board of Directors of Lloyds Metals and Energy Ltd will meet on 12th August 2025 to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2025. The Board will also consider issuing equity shares or securities on a preferential basis, subject to shareholder approval, which may lead to dilution for existing investors. Additionally, the company plans to raise up to Rs. 2,500 crores through Non-Convertible Debentures (NCDs) on a private placement basis in one or more tranches — a sizeable debt-raising exercise. The Board will also finalise the notice and logistics for an Extra Ordinary General Meeting (EGM) to seek shareholder approvals for these proposals.
Investors should watch for the Q1 FY26 results announcement and brace for potential equity dilution from the preferential issue. The Rs. 2,500 crore NCD raise is a major fund-raising move that could lift the company's debt levels meaningfully, so the purpose of the raise (capex, refinancing, or working capital) will be a key detail to track.