Lloyds Engineering Works Ltd is launching a Rights Issue worth Rs 987.26 crore, available for subscription from 15 May 2025 to 30 May 2025. Shareholders will be entitled to 9 Rights equity shares for every 34 fully paid-up equity shares they own as of the record date, 27 May 2025. Each share has a face value of Rs. 1, and the issue price is set at Rs. 32 per share.
Stay tuned with us for comprehensive details on the Lloyds Engineering Works Ltd 2025 Rights Issue, including the issue size, entitlement, payment terms, and more.
Security Name | Lloyds Engineering Works Limited. |
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Issue Open / Close | May 15, 2025 - May 30, 2025 |
Record Date | April 28, 2025 |
Issue Size (Amount) | ₹987.26 Crores |
Issue Size (Shares) | 30,85,17,476 |
Right Issue Price | ₹32 per share |
Face Value | ₹1 per share |
CMP | ₹55 |
Renunciation of Rights Entitlements | May 27, 2025 |
Terms of Payment | 50.00% of the amount shall be payable at the time of the application, and the rest 50.00% of the amount shall be payable on two or more subsequent calls as may be decided by the board. |
Entitlement | 9 Rights Equity Shares for every 34 fully paid-up Equity Shares held on Record Date. |
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