Description

Lloyds Metals and Energy Limited lists 3,100,000 new equity shares on BSE effective October 9, 2025, issued at Rs. 740 per share on preferential basis pursuant to warrant conversion with lock-in until April 30, 2026.

Summary

BSE has announced the listing of 3,100,000 new equity shares of Lloyds Metals and Energy Limited (Scrip Code: 512455) effective from Thursday, October 9, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 740 per share (face value Rs. 1 plus premium of Rs. 739). The shares are subject to lock-in until April 30, 2026.

Key Points

  • Company: Lloyds Metals and Energy Limited (Scrip Code: 512455)
  • Number of Shares: 3,100,000 equity shares of Rs. 1.00 face value each
  • Issue Price: Rs. 740.00 per share (Rs. 1.00 face value + Rs. 739.00 premium)
  • Issuance Type: Preferential allotment to non-promoters pursuant to warrant conversion
  • Trading Commencement: Thursday, October 9, 2025
  • ISIN: INE281B01032
  • Distinctive Numbers: 523348233 to 526448232
  • Date of Allotment: August 12, 2025
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities issued by the company.

Compliance Requirements

  • Trading members are informed to note the listing of these new securities
  • The newly listed shares will be available for trading through regular trading channels
  • All 3,100,000 shares are subject to lock-in restrictions until April 30, 2026

Important Dates

  • Date of Allotment: August 12, 2025
  • Listing Date: October 9, 2025
  • Lock-in Expiry: April 30, 2026
  • Notice Date: October 8, 2025

Impact Assessment

Market Impact: The listing adds 3.1 million shares to the tradable float of Lloyds Metals and Energy Limited, though these shares remain locked-in for approximately 6.5 months from the listing date. This represents equity dilution for existing shareholders.

Capital Raising: The preferential allotment raised approximately Rs. 229.4 crores (3.1 million shares × Rs. 740 per share) for the company, indicating capital infusion for business operations or expansion.

Liquidity Impact: While the shares are listed, the lock-in period until April 30, 2026 means they cannot be traded until then, limiting immediate impact on stock liquidity. Post lock-in expiry, the additional supply could affect share price dynamics.

Investor Consideration: The warrant conversion mechanism and preferential allotment to non-promoters suggests strategic investor participation at a premium price, which may be viewed positively by the market.

Impact Justification

Medium importance as this is a significant preferential allotment of 3.1 million shares with lock-in period affecting the stock's liquidity and indicating capital raising activity by the company. Impact is medium as it represents equity dilution but shares are locked-in for 6+ months.