Lloyds Enterprises Unveils ₹999 Crore Rights Issue Plan to Boost Capital

1 min read     Updated on 21 Jul 2025, 12:04 PM
scanxBy ScanX News Team
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Overview

Lloyds Enterprises Limited's board has approved a rights issue to raise up to ₹999.00 crore through partly paid-up equity shares with a face value of ₹1.00 per share. The decision was made on July 21, 2025. A dedicated committee will oversee the issue, with specific terms to be determined. The rights issue is subject to regulatory approvals and will be open to existing shareholders as of a yet-to-be-announced record date.

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*this image is generated using AI for illustrative purposes only.

Lloyds Enterprises Limited , a prominent player in the Indian market, has announced a significant move to strengthen its financial position. The company's board of directors has given the green light to a substantial fundraising initiative through a rights issue, aiming to infuse fresh capital into the business.

Rights Issue Details

The board of Lloyds Enterprises has approved a rights issue to raise up to ₹999.00 crore (₹99,900.00 lakhs). This strategic decision was made during a board meeting held on July 21, 2025, as disclosed in the company's filing to the stock exchanges.

Key Points of the Rights Issue:

  • Issue Type: Partly paid-up equity shares
  • Face Value: ₹1.00 per share
  • Eligible Participants: Existing shareholders as of the record date (to be announced)
  • Regulatory Compliance: The issue will be conducted in accordance with applicable laws, including the Companies Act, 2013, and SEBI regulations

Implementation and Oversight

To ensure smooth execution of the rights issue, the board has taken several important steps:

  1. Rights Issue Committee: A dedicated committee has been constituted to oversee the issue, offer, and allotment of equity shares.
  2. Pricing and Terms: The specific terms, including the issue price, rights entitlement ratio, and payment terms, will be determined by the board or the authorized committee.
  3. Regulatory Approvals: The rights issue is subject to necessary regulatory and statutory approvals.

Market Impact

This move by Lloyds Enterprises is likely to be closely watched by investors and market analysts. Rights issues are often seen as a way for companies to raise capital while giving existing shareholders the opportunity to maintain their proportional ownership in the company.

Company Statement

Pranjal Mahapure, Company Secretary & Compliance Officer of Lloyds Enterprises, confirmed the board's decision in the official filing. The company has stated that further details, including the record date and specific terms of the rights issue, will be communicated in due course.

Investors and stakeholders are advised to keep an eye on future announcements from Lloyds Enterprises for more information on this significant financial move.

Historical Stock Returns for Lloyds Enterprises

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Lloyds Enterprises to Review Fundraising Proposal in Upcoming Board Meeting

1 min read     Updated on 14 Jul 2025, 06:15 PM
scanxBy ScanX News Team
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Overview

Lloyds Enterprises Limited's Board of Directors will meet on July 21, 2025, to review a fundraising proposal. The meeting will explore options for raising capital through equity shares or other securities. The board will discuss the fundraising initiative, potentially form a committee to oversee the process, and consider terms such as pricing, issue price, and offering size. The company has implemented a trading window closure from July 1, 2025, until 48 hours after Q1 FY2026 results announcement.

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*this image is generated using AI for illustrative purposes only.

Lloyds Enterprises Limited has announced that its Board of Directors will convene on Monday, July 21, 2025, to review a fundraising proposal. The meeting will focus on exploring various options for raising capital, potentially through equity shares or other securities.

Key Points of the Upcoming Board Meeting

  • Date: Monday, July 21, 2025
  • Primary Agenda: Review of fundraising proposal
  • Potential Methods: Rights issue or other appropriate modes permitted under applicable law
  • Securities Under Consideration: Equity shares or other securities

Detailed Agenda

The board meeting will address several crucial matters:

  1. Fundraising Proposal: The board will discuss and potentially decide on a fundraising initiative through the issuance of equity shares or other securities.

  2. Committee Formation: A committee may be constituted to oversee the fund-raising process, including the offer and allotment of equity shares.

  3. Terms and Conditions: The board will consider various aspects of the potential fundraising, including:

    • Pricing and terms of the instruments
    • Issue price
    • Size of the offering
    • Number of equity shares to be issued and offered
  4. Regulatory Compliance: All decisions will be made in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws.

Trading Window Closure

In line with regulatory requirements, Lloyds Enterprises has implemented a trading window closure:

  • Closure Period: From Tuesday, July 1, 2025, until 48 hours after the announcement of Q1 FY2026 financial results
  • Applicable to: Designated persons and their relatives
  • Purpose: To prevent insider trading as per SEBI regulations

Company Statement

The company has stated that this board meeting is being held "for the proposal of fund raising by way of Equity Shares or any other securities through appropriate mode including rights issue, as may be permitted under applicable law and as may be decided by the Board, subject to such regulatory/statutory approvals as may be required."

Investors and stakeholders are advised to monitor official company communications for further updates on the outcome of this crucial board meeting and any decisions regarding the proposed fundraising initiative.

Note: The specific details of the fundraising, including the amount and exact method, have not been disclosed at this time and will likely be determined during the upcoming board meeting.

Historical Stock Returns for Lloyds Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-0.67%+1.52%+5.35%+37.38%+50.91%+50.91%
Lloyds Enterprises
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