LKP Securities Ltd — Updates, 25-07-2025: Company Update
25-07-2025 | 07:19 pm
25-07-2025 | 07:19 pm
LKP Securities is undertaking a preferential issue of up to 47.62 lakh equity shares at Rs. 21 per share, seeking to raise approximately Rs. 10 Cr. The company intends to utilize these funds for strategic investments, including the acquisition of equity shares in Bond Street Capital Private Limited, and for general corporate requirements. This issuance to a promoter group entity, pending shareholder approval through e-voting, will see the promoter and promoter group shareholding rise from 71.04% to 72.62%. This capital raise aims to strengthen the company's financial position for future growth.
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