Announced Thu, 23 Jul · 21:43 IST
Court-ordered preferential allotment of 7,02,167 equity shares at par
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹94.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Lord's Mark Industries allotted 7,02,167 equity shares at Rs. 10 per share (face value) to Mr. Satyaprakash Krishnarao, an NRI. The allotment was made pursuant to a Bombay High Court order dated June 18, 2026, settling a commercial arbitration petition. Shares rank pari passu with existing equity. RBI approval obtained.
Likely market impact
Minor dilution from 7.02 lakh new shares at face value under court settlement, not a market capital raise.