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:

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.

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.