Variation in the object of the Rights Issue of shares as disclosed in the Letter of Offer dated April 19, 2025
As filed · LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange about the variation in the object of the Rights Issue of shares as disclosed in the Letter of Offer dated April 19, 2025.
What happened
FactLLOYDS ENGINEERING WORKS LIMITED has informed the Exchange about the variation in the object of the Rights Issue of shares as disclosed in the Letter of Offer dated April 19, 2025. Towers, Dalal Street,. As on June 30, 2026 an aggregate amount of Rs. 660.52 Crore has been utilised towards the objects of the.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
WithdrawnRevenue for Q1FY26 increased by 28.82% YoY.
Q1FY26 revenue growth was led by robust and efficient execution.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
- Margins of 15-18% (management committed by FY26)
- Targeting 4x growth of FY25 Revenue (management committed by FY26)
Evidence
- LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange about the variation in the object of the Rights Issue of shares as disclosed in the Letter of Offer dated April 19, 2025.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q1 FY26
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%