Description

BSE permits trading in 22,02,95,320 new equity shares of Lloyds Enterprises Ltd. arising from conversion of partly paid shares to fully paid up, effective March 4, 2026.

Summary

BSE has notified trading members that 22,02,95,320 new equity shares of Lloyds Enterprises Ltd. (Scrip Code: 512463) are permitted for trading effective Wednesday, March 4, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Re. 1/- each, originally issued on a rights basis.

Key Points

  • Company: Lloyds Enterprises Ltd. (Scrip Code: 512463)
  • New Securities: 22,02,95,320 equity shares of Re. 1/- each
  • Nature: Conversion of partly paid shares to fully paid up shares issued on rights basis
  • ISIN: INE080I01025
  • Pari-passu: New shares rank equally with existing equity shares of the company
  • Two tranches of distinctive numbers assigned

Regulatory Changes

No new regulatory changes. This circular is a standard listing notification enabling trading in newly converted equity shares under existing BSE listing regulations.

Compliance Requirements

  • Trading members are permitted to trade in the new securities from the effective date
  • Members should update their systems to reflect the new distinctive number ranges under ISIN INE080I01025

Important Dates

  • Circular Date: March 2, 2026
  • Trading Effective Date: Wednesday, March 4, 2026

Impact Assessment

The listing of 22,02,95,320 new equity shares represents a significant increase in the tradeable float for Lloyds Enterprises Ltd. These shares, being pari-passu with existing equity, will participate equally in dividends and voting rights. The two distinctive number ranges (1272126622–1403230610 covering 13,11,03,989 shares and 1404612073–1493803403 covering 8,91,91,331 shares) together total the announced issue. Market participants should be aware of the potential dilution effect and increased liquidity in the scrip from March 4, 2026.

Impact Justification

Routine listing of new equity shares from conversion of partly paid rights shares; affects existing shareholders and traders in Lloyds Enterprises Ltd. but is a standard corporate action.