Board of Directors at its meeting held on Jun 05, 2025, has considered and approved the allotment of…
As filed · LLOYDS ENGINEERING WORKS LIMITED has informed the Exchange that Board of Directors at its meeting held on Jun 05, 2025, has considered and approved the allotment of 30,85,17,476 partly paid up equity
What happened
FactLLOYDS ENGINEERING WORKS LIMITED has informed the Exchange that Board of Directors at its meeting held on Jun 05, 2025, has considered and approved the allotment of 30,85,17,476 partly paid up equity shares on rights basis in the ratio of 9 : 34, i.e. of face value of ₹1/- each (“Equity Shares”) was approved by way of a rights issue for an. amount not exceeding ₹1,050 crores (“Rights Issue”), in accordance with the Companies Act,.
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
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%