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

Lloyds Engineering Works is raising up to ₹1,050 Cr through a rights issue of 30.85 crore partly paid shares at ₹32 each, with ₹16 payable upfront and the rest in up to two calls by March 2026. Existing shareholders can increase their stake but face dilution risk if they don’t subscribe. The move aims to bolster the company’s capital base, potentially impacting the shareholding pattern and strengthening financial stability.