Outcome of fourth Monitoring committee

The Fourth Monitoring Committee meeting of Lords Mark India Limited was held on November 6, 2025, to oversee implementation of the Resolution Plan approved by NCLT Mumbai on July 28, 2025, under the Pre-Packaged Insolvency Resolution Process (PPIRP). Key actions taken include extinguishment of 4,90,051 equity shares held by promoters and proportionate reduction of public shareholding to 5% per shareholder, with November 5, 2025, fixed as the Record Date. Eligible shareholders will receive shares in Lord's Mark Industries Limited at a swap ratio of 1.25 equity shares for every 1 share held. BSE trading in Lords Mark India Limited shares will be temporarily shifted to the 'Listing in Hold (LIH)' category during the share reduction and swap process (completion targeted by November 18, 2025). The Committee also ratified Rs. 7,08,000 in expenses for the Erstwhile Resolution Professional for the period July 28 to November 5, 2025.