LLOYDS ENGINEERING WORKS LIMITED — QIP/Rights/Pref., 17-04-2025: Rights Issue

Lloyds Engineering Works Limited has announced a rights issue of 30,85,17,476 partly paid-up equity shares, aiming to raise up to ₹987.26 crore. The rights issue price is set at ₹32 per share when fully paid, including a premium of ₹31. Eligible equity shareholders will have a rights entitlement ratio of 9 shares for every 34 fully paid shares held, with the record date established for April 28, 2025. The rights issue will open on May 15, 2025, and close on May 30, 2025, contributing significantly to the company's capital structure.