LKP Finance Limited has announced a board meeting scheduled for October 25, 2025, where the company will deliberate on several crucial matters that could potentially reshape its corporate identity and operational focus.

Key Agenda Items

The board meeting, as communicated to the Bombay Stock Exchange (BSE), will address three primary issues:

1. Change in Company Name: The board will consider altering the company's current name.
2. Alteration of Object Clause: Discussions will be held regarding modifications to the Object Clause in the Memorandum of Association.
3. NBFC License Surrender: The board will contemplate surrendering the company's Non-Banking Financial Company (NBFC) license.

Regulatory Compliance

LKP Finance Limited has duly notified the BSE about this upcoming meeting, adhering to the regulations set forth by the Securities and Exchange Board of India (SEBI). This notification aligns with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prior intimation of board meetings discussing such significant matters.

Potential Implications

While the specific reasons behind these proposed changes have not been disclosed, the agenda items suggest a possible strategic shift for LKP Finance Limited. The consideration of a name change and alterations to the Object Clause could indicate a potential rebranding or a shift in the company's core business focus. Furthermore, the contemplation of surrendering the NBFC license might signal a significant change in the company's operational model or regulatory status.

Investor Considerations

Shareholders and potential investors should closely monitor the outcomes of this board meeting, as the decisions made could have substantial implications for the company's future direction and operations. The market's reaction to these potential changes will be an important factor to watch in the coming days.

The company has stated that further details and decisions from the board meeting will be communicated in due course, in line with regulatory requirements.

LKP Finance Limited, a Mumbai-based financial services company, has announced a significant move to bolster its capital base through a rights issue. The company's board of directors has approved a rights issue aimed at raising up to Rs 126.00 crore by offering new shares to existing shareholders.

Rights Issue Details

The rights issue, as approved by the board on September 5, 2025, includes the following key terms:

• Issue Size: Up to 27,93,027 fully paid-up equity shares
• Issue Price: Rs 450.00 per share (including a premium of Rs 440.00)
• Rights Entitlement Ratio: 6:27 (6 rights shares for every 27 shares held)
• Record Date: September 11, 2025
• Issue Period: September 18, 2025 to September 25, 2025

Impact on Share Capital

The rights issue is set to have a notable impact on LKP Finance's share capital structure:

This represents a potential increase of approximately 22.22% in the company's outstanding equity shares, subject to full subscription of the rights issue.

Rights Entitlements

LKP Finance has made arrangements with NSDL and CDSL for the crediting of Rights Entitlements in dematerialized form to the demat accounts of eligible shareholders. These entitlements will be credited prior to the issue opening date under the ISIN INE724A20017.

Use of Proceeds

While specific details on the use of proceeds were not provided in the announcement, rights issues are typically used to raise capital for various corporate purposes such as debt reduction, working capital requirements, or funding expansion plans.

Regulatory Compliance

The rights issue is being conducted in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable laws. The company has also approved the Letter of Offer to be submitted to SEBI and BSE Limited.

Investor Considerations

Eligible shareholders of LKP Finance should note the following:

1. The record date of September 11, 2025, determines the shareholders eligible to participate in the rights issue.
2. The rights issue price of Rs 450.00 per share represents the opportunity for existing shareholders to acquire additional shares at a predetermined price.
3. Shareholders will need to decide whether to exercise their rights, sell them, or let them lapse based on their individual financial situations and views on the company's prospects.

As with any investment decision, potential participants in the rights issue are advised to carefully review the Letter of Offer and consider seeking independent financial advice before making a decision.

LKP Finance Limited's move to raise capital through this rights issue may be seen as a strategic step to strengthen its financial position and support its business objectives in the evolving financial services landscape.