Lloyds Enterprises Limited — Important, 11-08-2025: Updates
11-08-2025 | 04:32 pm
11-08-2025 | 04:32 pm
Lloyds Enterprises has announced a Rights Issue of 25.44 Cr shares at ₹39/share, aiming to raise ₹992.26 Cr. A significant portion (₹700 Cr) will fund subsidiary LRDL's real estate ventures, including projects in Bandra & Goregaon, land acquisitions (Thane, Raigad), and a strategic investment in Calculus Logistech for logistics land aggregation. The remaining ₹247.50 Cr is for general corporate purposes. The company faces a SEBI show cause notice concerning alleged financial misstatements and related party transactions. Consolidated net profit declined to ₹126.30 Cr in FY25 from ₹174.80 Cr in FY24, despite increased revenue.
#RightsIssue #RealEstate #CompanyUpdate
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