Lloyds Luxuries Limited — Important, 03-03-2025: Updates

The Nomination and Remuneration Committee of Lloyds Luxuries Limited has approved the allotment of shares to the Lloyds Luxuries Employees Welfare Trust under the ESOP Scheme-2023. A total of 1,03,492 equity shares were allotted at Rs. 15 per share, alongside 95,000 equity shares at Rs. 10 each, designated for eligible employees. This allotment will increase the paid-up capital of the company from Rs. 23.66 crore to Rs. 23.86 crore, enhancing the overall equity structure. The move underscores the company's commitment to employee engagement and retention strategies, potentially improving workforce morale and productivity.