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Lloyds Engineering Works allotted shares to investors, including Prime Securities, boosting capital
17-Aug-2026, 10:22
Lloyds Engineering Works Limited announced the allotment of 7,07,42,458 equity shares through a preferential allotment basis, increasing its paid-up capital by INR 7,07,42,458 to INR 154,95,26,857.50. The allotment included a share swap with SISCOL, where the company issued 7,00,42,458 shares in exchange for 1,66,35,087 shares of SISCOL, and a cash consideration of INR 4,98,75,000 from Prime Securities Limited for 7,00,000 shares, at an issue price of INR 71.25 per share. A total of 26 investors received shares through the share swap, while Prime Securities Limited was the sole cash consideration investor. Post-allotment, Ravikant Uppal holds 1,57,79,393 shares, Surin Holdings LLP holds 1,23,59,907 shares, and Prime Securities Limited holds 10,21,141 shares. The allotment was approved at a meeting concluding at 6:05 p.m., and signed by Whole-Time Director Mukesh Rajnarayan Gupta.
Lloyds Engineering Works Limited announced the allotment of 7,07,42,458 equity shares through a preferential allotment basis, increasing its paid-up capital by INR 7,07,42,458 to INR 154,95,26,857.50. The allotment included a share swap with SISCOL, where the company issued 7,00,42,458 shares in exchange for 1,66,35,087 shares of SISCOL, and a cash consideration of INR 4,98,75,000 from Prime Securities Limited for 7,00,000 shares, at an issue price of INR 71.25 per share. A total of 26 investors received shares through the share swap, while Prime Securities Limited was the sole cash consideration investor. Post-allotment, Ravikant Uppal holds 1,57,79,393 shares, Surin Holdings LLP holds 1,23,59,907 shares, and Prime Securities Limited holds 10,21,141 shares. The allotment was approved at a meeting concluding at 6:05 p.m., and signed by Whole-Time Director Mukesh Rajnarayan Gupta.