- Lloyds Engineering Works Limited (NSE: LLOYDSENGG) is raising ₹ 5,035,561,972.5 (≈ ₹ 5 billion) through a preferential issue of 70,674,554 equity shares at ₹ 71 per share (the intended price was ₹ 71.25).
- The issue will lift paid‑up share capital from 1,480,296,454 to 1,550,971,008 shares, diluting existing shareholders proportionally to the new 70.7 million shares.
- 27 investors, including Ravikant Uppal, Rajagopal Kannabiran, Star Global Resource Ltd., and Wharton Engineering & Developers Pvt. Ltd., have subscribed; the board approved the fund‑raise on 18 June 2026, with the record date set for 8 July 2026.
- The capital infusion strengthens the balance sheet for future projects or working‑capital needs, and full compliance with SEBI Circular 9/2015 and ICDR regulations eliminates procedural risk.
Lloyds Engineering Works is raising about ₹5 billion through a modestly discounted preferential issue, which should strengthen its balance sheet while causing mild dilution. Expect only a small, short‑term price move with limited longer‑term impact.
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Forecast from comparable, historic events. Not investment advice.
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