LLOYDS ENGINEERING WORKS LIMITED — QIP/Rights/Pref., 05-06-2025: Rights Issue

Lloyds Engineering Works is raising ₹1,050 Cr via a rights issue of 30.85 crore partly paid-up shares at ₹32 each, with ₹16 paid upfront and the balance due by March 31, 2026. This will dilute existing shareholders but strengthen the equity base to support growth. After the issue, paid-up equity will consist of over 116 crore fully paid shares plus these partly paid shares, altering the capital structure and shareholding mix. Investors should watch how the pending calls might affect future cash flows.