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What is Lloyds Engineering Rights Issue Details about?

This letter provides details of a rights issue by Lloyds Engineering Works Limited (formerly known as Lloyds Steels Industries Limited) to eligible equity shareholders. The company is issuing up to 6,34,64,610 equity shares of face value Rs. 1 each at a price of Rs. 15.50 per share, aggregating up to Rs. 9,837.01 lakhs. The issue is on a rights basis in the ratio of 1 equity share for every 17 fully paid-up equity shares held on the record date of December 14, 2023. Mark Corporate Advisors Private Limited a

Author

DhameemAnsari

Language

EN