Lords Mark Industries Completes NCLT-Approved Resolution Plan, Reverse Merger, and Share Allotment

1 min read     Updated on 28 Nov 2025, 05:47 PM
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Riya DScanX News Team
AI Summary

Lords Mark Industries Limited, formerly Kratos Energy and Infrastructure Limited, has implemented a comprehensive restructuring plan approved by NCLT Mumbai. The plan includes allotment of 426,596,719 new equity shares at Rs. 10 each, with a 1:1.25 swap ratio. 344,852,850 shares were allotted to promoters and promoter group, while 81,743,869 went to the general public. The company completed a reverse merger with Lords Mark India Limited and settled all creditor dues. Necessary regulatory filings have been made, including PAS-3 form submission and applications for listing and trading approval with BSE Limited.

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Lords Mark Industries Limited, formerly known as Kratos Energy and Infrastructure Limited, has implemented a comprehensive restructuring plan following approval from the National Company Law Tribunal (NCLT), Mumbai Bench. The restructuring involves changes to the company's shareholding structure, a reverse merger, and settlement of creditor dues.

Key Components of the Restructuring

The restructuring plan comprises the following main elements:

  1. Allotment of New Equity Shares: Lords Mark Industries Limited allotted 426,596,719 equity shares of Rs. 10 each.
  2. NCLT-Approved Resolution Plan: The allotment was made pursuant to an NCLT-approved resolution plan dated July 28, 2025.
  3. Share Swap Ratio: The allotment followed a swap ratio of 1:1.25.
  4. Distribution of Allotted Shares:
    • 344,852,850 shares were allotted to promoters and promoter group
    • 81,743,869 shares were allotted to the general public
  5. Reverse Merger: A reverse merger by absorption with Lords Mark India Limited has been completed.
  6. Settlement of Creditor Dues: All creditor dues have been settled as part of the resolution plan.

Share Allotment Details

The share allotment details are as follows:

Aspect Details
Number of New Shares 426,596,719
Face Value Rs. 10.00
Share Swap Ratio 1:1.25

Regulatory Compliance

Lords Mark Industries Limited has completed all necessary regulatory filings and compliance requirements, including:

  1. Submission of the PAS-3 form with the Registrar of Companies.
  2. Filing of applications with BSE Limited for listing and trading approval of equity shares issued pursuant to the reverse merger.

Implications

This restructuring marks significant changes in Lords Mark Industries Limited's capital structure and corporate organization. The allotment of new shares, particularly to the promoters and promoter group, may impact the company's ownership structure. The reverse merger and settlement of creditor dues are expected to strengthen the company's financial position.

Shareholders and investors should take note of these corporate actions, as they could have implications for the company's future operations, market position, and stock performance.

Lords Mark India Limited Implements Comprehensive Share Restructuring Following NCLT Approval

1 min read     Updated on 11 Nov 2025, 12:00 AM
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Reviewed by
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AI Summary

Lords Mark India Limited, formerly Kratos Energy and Infrastructure Limited, has unveiled a significant share restructuring plan following NCLT approval. The plan includes extinguishing 4,90,051 promoter shares, reducing public shareholding to 5% for each shareholder, and allotting 42,65,96,580 new equity shares to eligible shareholders of Lords Mark Industries Ltd. at a ratio of 1.25:1. The company has requested a temporary suspension of share trading until all legal compliances are completed.

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

Lords Mark India Limited , formerly known as Kratos Energy and Infrastructure Limited, has announced a significant share restructuring plan following the approval of its Base Resolution Plan and Scheme of Amalgamation by the National Company Law Tribunal (NCLT) on July 28, 2025.

Key Components of the Restructuring Plan

The company has outlined several crucial steps in its share restructuring process:

Action Details Record Date
Promoter Share Extinguishment 4,90,051 equity shares November 20, 2025
Public Shareholding Reduction Proportionate reduction to 5% for each shareholder November 20, 2025
Share Allotment 42,65,96,580 equity shares of Rs. 10 each to eligible shareholders of Lords Mark Industries Ltd. November 21, 2025

Share Allotment Details

The company plans to allot new shares to the shareholders of Lords Mark Industries Ltd. (the Transferor Company) at a ratio of 1.25 shares of Lords Mark India Limited for every 1 share held in Lords Mark Industries Ltd.

Trading Suspension and Compliance

Lords Mark India Limited has requested a temporary suspension of share trading until the completion of all legal compliances and the updating of registers. This move aims to ensure a smooth transition during the restructuring process.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The restructuring plan is being implemented under the supervision of CA. Amit C. Poddar, the Erstwhile Resolution Professional.

This comprehensive restructuring marks a significant milestone for Lords Mark India Limited as it moves forward under its new identity and structure. Shareholders and potential investors should closely monitor further announcements from the company regarding the completion of this process and the resumption of trading.

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