Description

Trading suspended in partly paid equity shares of Lloyds Engineering Works Limited from January 28, 2026 due to record date for First and Final Call notice.

Summary

BSE has directed trading members to cease all dealings in partly paid equity shares of Lloyds Engineering Works Limited (Scrip Code: 890216) effective January 28, 2026. The suspension is due to the company fixing a record date to identify shareholders eligible to receive the First and Final Call notice for payment of the remaining 50% of the share value.

Key Points

  • Trading in partly paid equity shares suspended from January 28, 2026 (Settlement DR-807/2025-2026)
  • Company: Lloyds Engineering Works Limited (Scrip Code: 890216)
  • Purpose: Ascertain shareholders eligible to pay First and Final Call
  • Call amount: Rs 16 per share (Rs 0.50 face value + Rs 15.50 share premium)
  • Represents 50% of total share value
  • All trading members required to comply with no-dealing directive

Regulatory Changes

No new regulatory changes introduced. This is a standard corporate action procedure for partly paid shares reaching final call stage.

Compliance Requirements

  • Trading members must not execute any transactions in partly paid equity shares of Lloyds Engineering Works Limited from January 28, 2026
  • Members must take note of the suspension and inform clients holding partly paid shares
  • Shareholders of partly paid shares must be prepared to respond to First and Final Call notice

Important Dates

  • Notice Date: January 23, 2026
  • Record Date: January 28, 2026
  • No Dealings From: January 28, 2026
  • Settlement Number: DR-807/2025-2026

Impact Assessment

Trading Impact: Complete suspension of trading in partly paid shares eliminates liquidity for existing holders from January 28, 2026 onwards.

Shareholder Impact: Shareholders of partly paid shares will be required to pay the First and Final Call of Rs 16 per share to convert their holdings to fully paid shares. Failure to pay may result in forfeiture of shares.

Market Operations: Standard corporate action with no broader market implications beyond the specific scrip affected.

Impact Justification

Complete trading suspension in partly paid shares affecting shareholders' ability to trade and requiring payment of remaining 50% call amount