Revised SAST disclosure: 8 acquirers allotted shares under NCLT scheme
Awaiting price reaction for this filing.
Lords Mark Industries filed a revised disclosure under Reg 10(6) of SEBI SAST for 8 acquirers who received shares under an NCLT-approved resolution plan and scheme of amalgamation (order dated 28 Jul 2025). Allotment date is revised to 23 Jun 2026. Price is not applicable since shares came via IBC resolution. Key allottees: Neetu Sachidanand Upadhyay 31.42 lakh shares (0.74%), Manav Kishore Teli 25.62 lakh (0.60%), Sandesh Pujari 12.51 lakh (0.29%), Manish Hariram Upadhya 9.85 lakh (0.23%), Smitha Korgaonkar 6.25 lakh (0.15%), Vinay Sarda 5.07 lakh (0.12%), Hariram Upadhyay and Shakuntla Upadhayay 3.60 lakh each (0.08%). Promoter family (Upadhyay) collectively received about 1.13%.
Promoter group stake rises via NCLT resolution plan; no open offer triggered due to Reg 10(1)(da) exemption.