Lloyds Enterprises Limited has announced a significant move to bolster its financial position through a rights issue, aiming to raise Rs. 992.26 crores. The company's Rights Issue Committee has approved the terms for this strategic financial initiative, which is set to expand the firm's equity base considerably.

Rights Issue Details

The rights issue will involve the issuance of 25,44,25,324 partly paid-up equity shares at a price of Rs. 39.00 per share when fully paid up. This price includes a substantial premium of Rs. 38.00 per share, reflecting the company's confidence in its value proposition.

Key Highlights of the Rights Issue:

• Rights Entitlement Ratio: 1:5 (one rights share for every five existing shares held)
• Issue Price: Rs. 39.00 per share (including Rs. 38.00 premium)
• Payment Structure:
  • Rs. 19.50 on application
  • Remaining Rs. 19.50 through subsequent calls (to be completed by March 31, 2027)
• Record Date: August 14, 2025
• Issue Period: August 25, 2025 (opening) to September 8, 2025 (closing)

Impact on Equity Structure

The rights issue is poised to significantly expand Lloyds Enterprises' equity base:

This expansion assumes full subscription to the rights issue and complete payment of call monies.

Additional Details from LODR Filing

The company's LODR (Listing Obligations and Disclosure Requirements) filing provides further insights into the rights issue:

• The Rights Issue Committee meeting was held on August 9, 2025, approving the terms.
• The issue has received in-principle approvals from both the National Stock Exchange of India Limited and BSE Limited.
• Shareholders can trade their Rights Entitlements (REs) on the secondary market, with the last date for on-market renunciation set for September 2, 2025.
• The International Securities Identification Number (ISIN) for dematerialized Rights Entitlement is INE080I20017.

Implications for Investors

This rights issue presents an opportunity for existing shareholders to increase their stake in the company at a predetermined price. It also allows Lloyds Enterprises to raise substantial capital, potentially for expansion, debt reduction, or other strategic initiatives.

Investors should note the payment structure, which involves an initial payment followed by subsequent calls. This staggered approach may provide flexibility but also requires a long-term commitment, with the final call payment due by March 31, 2027.

As Lloyds Enterprises moves forward with this significant financial maneuver, market observers will be keen to see how the company utilizes the raised capital to drive growth and enhance shareholder value in the coming years.

Lloyds Enterprises Limited has announced the rescheduling of its Board of Directors and Rights Issue Committee meeting to August 9, 2025. The meeting will address key parameters of a proposed Rights Issue, including issue price, rights entitlement ratio, record date, issue schedule, and other related terms and conditions.

Reason for Rescheduling

The company cited pending in-principle approval from stock exchanges in connection with the proposed Rights Issue as the reason for postponing the original meeting. This information was disclosed in a regulatory filing to the BSE Limited and National Stock Exchange of India Limited on August 6, 2025.

Meeting Details

The rescheduled meeting of the Board of Directors and Rights Issue Committee is set to take place on Saturday, August 9, 2025. During this meeting, the board will consider and approve the terms and conditions of the proposed Rights Issue.

Key Considerations

The meeting agenda includes:

1. Determining the issue price
2. Establishing the rights entitlement ratio
3. Setting the record date
4. Finalizing the issue schedule
5. Addressing other related terms and conditions

Regulatory Compliance

This intimation is made pursuant to Regulation 29(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions.

Investor Information

Shareholders and potential investors should note that the outcome of this meeting could have significant implications for their holdings in Lloyds Enterprises Limited. The Rights Issue, once approved and implemented, may provide existing shareholders with the opportunity to acquire additional shares in the company.

The company has stated that this information is being uploaded on its website at https://www.lloydsenterprises.in/ for public access.

Investors are advised to keep a close watch on further announcements from Lloyds Enterprises regarding the Rights Issue and to consult with their financial advisors before making any investment decisions based on this development.