Lloyds enterprises Limited has filed its monitoring agency report for the quarter ended 31st December 2025, demonstrating compliance with regulatory requirements for rights issue fund utilization. The report, prepared by India Ratings & Research Private Limited and approved by the company's audit committee and board of directors, confirms proper deployment of raised funds without any deviations from stated objectives.

Rights Issue Details and Fund Utilization

The company's rights issue, conducted from 25th August 2025 to 9th September 2025, involved 25,44,25,324 rights equity shares with a face value of Re. 1 each at ₹39 per share. As of 31st December 2025, the company had received ₹49,612.94 lakhs on application at ₹19.50 per rights equity share.

Fund Deployment Across Objectives

The monitoring agency report reveals systematic utilization of raised funds across three primary objectives. The largest allocation went toward subscription to secured non-convertible debentures of the company's subsidiary, Lloyds Realty Developers Limited.

Subsidiary Fund Utilization Through NCDs

Lloyds Realty Developers Limited, the company's subsidiary, received ₹35,000.00 lakhs through NCD subscription and deployed these funds across five specific purposes. The subsidiary's utilization pattern shows strategic focus on real estate development and land acquisition activities.

Compliance and Monitoring Findings

The monitoring agency confirmed no deviations from the objects stated in the offer document. All utilization aligned with disclosed purposes, and no shareholder approval was required for material deviations. The company maintained proper documentation and obtained necessary statutory auditor certifications for fund deployment.

Unutilized funds totaling ₹22,055.29 lakhs were appropriately deployed in fixed deposits with HDFC Bank (₹849.97 lakhs) and retained with the subsidiary LRDL (₹21,205.32 lakhs) for future utilization as per the stated timeline.

Regulatory Compliance

The report was submitted pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 82(4) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The monitoring agency found the company's fund utilization practices compliant with regulatory requirements and offer document commitments.

Lloyds Enterprises Limited has announced the outcome of its board meeting held on February 09, 2026, where directors approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with a significant fund raising proposal.

Financial Performance Overview

The company reported its unaudited standalone and consolidated financial results for Q3FY26, which were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The financial results have been prepared in accordance with Indian Accounting Standard 34 and received an unqualified limited review report from statutory auditors.

Fund Raising Initiative Approved

The board has granted approval for issuance of Non-Convertible Debentures on private placement basis for an amount not exceeding Rs. 500 crores in one or more tranches, subject to all applicable regulatory and statutory approvals.

Corporate Developments

Several significant corporate actions were highlighted in the results announcement. The board approved a Composite Scheme of Arrangement on December 22, 2025, involving the merger of Lloyds Realty Developers Limited and Indrajit Properties Private Limited into Lloyds Enterprises Limited, along with demerger of Real Estate Business Undertaking into Lloyds Realty Limited.

Lloyds Engineering Works Limited, a material subsidiary, amended its Share Purchase Agreement for acquiring an additional 12% equity stake in Techno Industries Private Limited for Rs. 22.70 crores, making it a wholly owned subsidiary effective December 26, 2025.

Financial Arrangements and Divestment

The company entered into loan agreements with Tata Capital Limited, Bajaj Finance Limited, and Jio Credit Limited to avail financial assistance aggregating to Rs. 361 crores. The proceeds were utilized towards meeting the balance consideration of share warrants of Lloyds Metals and Energy Limited.

On February 9, 2026, the company sold its stake in subsidiary Lloyds Engineering Works Limited, comprising 60,34,299 shares at Rs. 49.65 per share through a block deal.

Rights Issue Development

The Rights Issue Committee approved the making of First and Final Call on 25,44,25,324 partly paid up equity shares of 50% of issue price of Rs. 39 per share, totaling Rs. 19.50 per equity share through a meeting held on January 8, 2026.

Regulatory Compliance

The board meeting, which commenced at 11:45 a.m. and concluded at 02:15 p.m., was conducted in accordance with Regulation 30 and 33 of SEBI Listing Regulations. All announcements and results are available on the company's website at www.lloydsenterprises.in and respective stock exchange websites.