Description

BSE suspends trading 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 prohibited dealings in the partly paid equity shares (Scrip Code 890216) of LLOYDS ENGINEERING WORKS LIMITED effective January 28, 2026. The suspension is due to the company fixing a record date to determine 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 of LLOYDS ENGINEERING WORKS LIMITED (Scrip Code 890216) is prohibited from January 28, 2026
  • Record date set for January 28, 2026 to identify shareholders eligible for call payment
  • First and Final Call amount: Rs 16 per share (Rs 0.50 face value + Rs 15.50 share premium)
  • Settlement number: DR-807/2025-2026
  • This represents payment of remaining 50% of the share value
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No regulatory framework changes. This is a standard corporate action procedure for partly paid shares where the company is calling for payment of the remaining unpaid portion.

Compliance Requirements

  • Trading Members: Must not execute any trades in the partly paid equity shares of LLOYDS ENGINEERING WORKS LIMITED from January 28, 2026
  • Shareholders of Partly Paid Shares: Those holding shares as of the record date will receive the First and Final Call notice and must pay Rs 16 per share
  • Exchange Members: Required to take note of this circular and ensure compliance

Important Dates

  • January 23, 2026: Circular issue date
  • January 28, 2026: Record date and commencement of no dealings period
  • Settlement DR-807/2025-2026: Affected settlement

Impact Assessment

Market Impact: High - Complete trading suspension in the partly paid equity shares prevents any market transactions. Shareholders cannot buy or sell these shares from the specified date.

Investor Impact: High - Shareholders identified on the record date will be required to pay the First and Final Call of Rs 16 per share, representing 50% of the total share value. Failure to pay may result in forfeiture of shares.

Operational Impact: Standard corporate action procedure for converting partly paid shares to fully paid shares. The trading suspension ensures accurate identification of shareholders liable for the call payment.

Impact Justification

Complete trading suspension in partly paid shares affects all holders; mandatory call payment of Rs 16 per share required