Lloyds Metals And Energy Limited — QIP/Rights/Pref., 12-08-2025: Issue of Securities

Lloyds Metals is making big moves! The company is acquiring a 49.99% stake in Thriveni Pellets for ~Rs. 495.70 Cr (cash + equity swap) to boost pellet production. They're also picking up a 19.40% stake in Mandovi River Pellets for Rs. 16.49 Cr as a strategic investment. To fund growth, Lloyds plans a public issue of Non-Convertible Debentures up to Rs. 2,500 Cr. Plus, 3.1 million equity shares were issued to non-promoters from warrant conversions, raising Rs. 149.11 Cr. They also plan a new Dubai subsidiary with a capital outlay of ~Rs. 597 Cr for global expansion. Shareholders will vote on these plans at an EGM on Sep 11, 2025.