Intimation for allotment of Non-convertible Debentures
As filed · Intimation for allotment of Non-convertible Debentures.
What happened
FactLloyds Metals and Energy Limited has approved the allotment of 60,000 Senior, Secured, Listed, Rated, Redeemable, Transferable, Non-Convertible Debentures with a face value of INR 1,00,000 each, totaling an issue size of INR 300 crores, along with a greenshoe option of up to INR 300 crores. This decision was made by the Committee of the Board of Directors through a circular resolution dated 30th January, 2026. Further details are available on the company's website.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedAnd the final steel plant of 3 million tons would be live in March '29 to September '29.
we would be having around INR8,500 crores of capex in this year.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- we are trying to achieve, if not beyond 40%, we'd like to close to 40%. (management committed by FY27)
- we are very, very confident that we can evacuate the full 22 million tons that is required under the EC in thi (management committed by FY26)
Evidence
- Intimation for allotment of Non-convertible Debentures.(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%