Lloyds Metals And Energy Limited — QIP/Rights/Pref., 12-08-2025: Preferential issue

Lloyds Metals & Energy has announced a board meeting, also approving the financial results for the quarter and half-year. The board cleared a preferential issue of 19.57 lakh equity shares at Rs 1460.50/share to AISPL, valued at Rs 285.88 Cr. This is for acquiring a 49% stake in Thriveni Pellets, boosting pellet production. The company also plans to raise up to Rs 2,500 Cr via public issuance of Non-Convertible Debentures. Additionally, 31 lakh convertible warrants were converted into equity shares by non-promoters, raising Rs 149.11 Cr at Rs 740/share. An EGM for approvals is scheduled for Sep 11, 2025, with Aug 15, 2025 as the record date.