Lloyds Engineering Works Limited – Securities Issue Committee Outcome (LLOYDSENGG)

Introduction

Lloyds Engineering Works Limited (Scrip Code 539992, Symbol LLOYDSENGG) announced the results of its Securities Issue Committee meeting held on Monday, 17 August 2026. The filing, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details a preferential issue of equity shares on both non‑cash and cash consideration.

Key Points of the Announcement

1. Preferential Allotment – Non‑Cash Consideration

• Shares allotted: 7,00,42,458 equity shares (face value ₹1 each).
• Issue price: ₹71.25 per share (₹1 face value + ₹70.25 premium).
• Total consideration: ₹499.05 crore (₹4,99,05,25,132.50).
• Purpose: Acquisition of 1,66,35,087 equity shares of Steel Infra Solutions Company Limited (SISCOL) through a share‑swap.
• Allottees: 26 non‑promoter investors (list includes Ravikant Uppal, Rajagopal Kannabiran, etc.).
• Regulatory approvals: In‑principle approval from BSE (Letter LOD/PREF/MV/FIP/635/2026‑27, 07 Aug 2026) and NSE (Letter NSE/LIST/55917, 07 Aug 2026).

2. Preferential Allotment – Cash Consideration

• Shares allotted: 7,00,000 equity shares (face value ₹1 each).
• Issue price: ₹71.25 per share.
• Cash received: ₹4.9875 crore (₹4,98,75,000).
• Allottee: Prime Securities Limited (non‑promoter).
• Regulatory approvals: Same BSE and NSE in‑principle approvals as above.

3. Post‑Allotment Share Capital

• Paid‑up equity capital: Increased from ₹147.87 crore (148,02,96,454 shares) to ₹154.95 crore (155,10,38,912 shares).

4. Investor Summary

• Non‑cash investors: 26 distinct entities/persons.
• Cash investor: 1 entity (Prime Securities Limited, which also participates in the non‑cash allotment).

5. Additional Details

• Issue price per share: ₹71.25 (₹1 face value + ₹70.25 premium).
• Meeting conclusion: 6:05 pm on 17 August 2026.
• Signatory: Mukesh Rajnarayan Gupta, Whole‑Time Director (DIN 00028347), digitally signed on the same date.

Regulatory & Compliance Highlights

• The issuance complies with Regulation 30 of SEBI LODR 2015 and the SEBI Master Circular SEBI/HO/49/14/14(7)2025‑CFD‑POD2/I/3762/2026 dated 30 January 2026.
• Prior in‑principle approvals were obtained from both BSE Limited and National Stock Exchange of India Limited before the allotment.

Investor Takeaway

• The preferential issue raises ≈₹504 crore in total (₹499.05 crore non‑cash + ₹4.9875 crore cash).
• The transaction expands Lloyds Engineering’s equity base and secures a strategic stake in SISCOL via a share‑swap, potentially enhancing its product portfolio or market reach.
• The increase in paid‑up capital strengthens the company’s balance sheet, while the diversified investor base (26 non‑cash investors + 1 cash investor) reflects broad market participation.

All figures are taken directly from the company’s filing dated 17 August 2026.