Description
1,957,458 equity shares of Lloyds Metals and Energy Limited issued on preferential basis to non-promoters listed and permitted to trade with effect from December 10, 2025.
Summary
BSE has approved the listing of 1,957,458 equity shares of Lloyds Metals and Energy Limited (Scrip Code: 512455) issued on a preferential basis to non-promoters. The shares will be available for trading from December 10, 2025, and are subject to a lock-in period until June 29, 2026.
Key Points
- 1,957,458 equity shares of Rs. 1/- each issued at a premium of Rs. 1459.50/-
- Issue price: Rs. 1460.50 per share
- Allotment date: October 21, 2025
- Trading commencement: December 10, 2025
- Shares issued to non-promoters on preferential basis
- New shares rank pari-passu with existing equity shares
- Distinctive Numbers: 526448233 to 528405690
- ISIN: INE281B01032
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in restrictions apply to all 1,957,458 shares until June 29, 2026
- Shares cannot be transferred or traded during the lock-in period
Important Dates
- Allotment Date: October 21, 2025
- Trading Commencement: December 10, 2025
- Lock-in Expiry: June 29, 2026
Impact Assessment
The listing represents a preferential issue to non-promoters at Rs. 1460.50 per share, totaling approximately Rs. 286 crores. The lock-in period of approximately 7.5 months from listing date ensures stability and prevents immediate selling pressure. The shares being issued to non-promoters indicates capital raising for business expansion or debt reduction. Market impact is expected to be minimal as shares are locked-in and the dilution is moderate relative to the company’s overall equity base.
Impact Justification
Routine listing of preferential allotment shares with standard lock-in period. Limited market impact as shares represent approximately 1.96 million shares with lock-in until June 2026.