Lords Mark India Limited (formerly known as Kratos Energy & Infrastructure Limited) has successfully executed a significant capital restructuring plan, as approved by shareholders through a postal ballot. The company, listed on the BSE with scrip code 501261, has implemented changes that will substantially alter its shareholding structure and increase its authorized share capital.

Unanimous Shareholder Approval

The resolution for increasing the company's authorized share capital and altering the capital clause of its Memorandum of Association received unanimous support from shareholders. During the remote e-voting period, which ran from October 10 to November 8, a total of 15 members cast 658,483 votes, all in favor of the resolution. Ms. Geeta Serwani served as the scrutinizer for the postal ballot process, ensuring its fairness and transparency.

Key Corporate Actions

Following the approval of the Base Resolution Plan and Scheme of Amalgamation by the National Company Law Tribunal (NCLT), Mumbai Bench, on July 28, Lords Mark India Limited has implemented several crucial corporate actions:

1. Extinguishment of Promoter Shares: The company has extinguished 490,051 equity shares held by promoters.

2. Reduction of Public Shareholding: Public shareholding has been proportionately reduced to 5% for each shareholder.

3. New Share Allotment: The company will allot 42,65,96,580 new equity shares of Rs. 10 each to eligible shareholders of Lord's Mark Industries Ltd. (the Transferor Company). This allotment will be in the ratio of 1.25 equity shares of Lords Mark India Limited for every 1 share held in Lord's Mark Industries Ltd.

Shareholding Impact

The restructuring has led to significant changes in the company's shareholding pattern. Here's a summary of the changes for different shareholder categories:

Record Date and Implementation

The company has set November 5 as the record date for determining eligible shareholders for the new share allotment. The Registrar and Share Transfer Agent has been instructed to update the Register of Members and implement the necessary changes to reflect the new capital structure.

Trading Suspension

In light of these significant corporate actions, the company has requested a temporary suspension of share trading on the BSE. This suspension will remain in effect until all legal compliances are completed and the registers are fully updated.

Lords Mark India Limited's management expressed that these corporate actions are part of a strategic restructuring aimed at enhancing the company's capital structure and positioning it for future growth opportunities. Shareholders and potential investors are advised to take note of these substantial changes in the company's equity structure.

The company will provide further updates as the implementation of these corporate actions progresses, ensuring full compliance with regulatory requirements and transparent communication to all stakeholders.

Lords Mark India Limited , formerly known as Kratos Energy & Infrastructure Limited, has made significant strides in implementing its approved Resolution Plan, as confirmed in its fourth Monitoring Committee meeting held on November 6, 2025.

Key Developments

The company has executed several crucial corporate actions as part of its resolution process:

1. Share Extinguishment: 4,90,051 equity shares held by promoters have been extinguished.
2. Public Shareholding Reduction: Public shareholding has been proportionately reduced to 5% per shareholder.
3. Record Date: November 5, 2025, has been fixed as the Record Date for these changes.

Upcoming Actions

The Monitoring Committee has outlined a series of steps to be taken in the coming days:

Share Swap Details

A significant aspect of the resolution plan is the share swap arrangement:

• Swap Ratio: Eligible shareholders will receive 1.25 equity shares of Lords Mark India Limited for every 1 equity share held in Lords Mark Industries Limited.
• Completion Date: The share swap is scheduled to be completed by November 18, 2025.

Financial Considerations

The Monitoring Committee has approved the remuneration and expenses of the Erstwhile Resolution Professional:

• Amount: Rs. 7,08,000 (inclusive of GST)
• Period: July 28, 2025, to November 5, 2025
• Monthly Rate: Rs. 2,36,000 per month

This series of corporate actions marks a crucial phase in Lords Mark India Limited's restructuring process. The company's management, led by Managing Director Mr. Sachidanand Hajaran, is actively implementing the resolution plan approved by the National Company Law Tribunal (NCLT) on July 28, 2025.

Shareholders and investors should take note of these significant changes, particularly the share extinguishment, public shareholding reduction, and the upcoming share swap. These actions are likely to have a substantial impact on the company's capital structure and shareholder composition.

As the implementation progresses, market participants will be keenly watching for further updates and the potential impact on the company's financial health and market performance.