Description

BSE lists 1,52,68,950 new equity shares of Lloyds Metals and Energy Limited (Scrip Code 512455) issued on preferential basis via warrant conversion, effective March 12, 2026.

Summary

BSE has listed 1,52,68,950 new equity shares of Lloyds Metals and Energy Limited (Scrip Code: 512455, ISIN: INE281B01032) issued to Promoter and Non-Promoter shareholders on a preferential basis through conversion of warrants. These shares are permitted to trade on BSE with effect from Thursday, March 12, 2026.

Key Points

  • 1,52,68,950 equity shares of Rs. 1/- each issued at a premium of Rs. 739/- (issue price Rs. 740/-) on a preferential basis
  • Shares issued to both Promoter and Non-Promoter categories via conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 529090089 to 544359038
  • Date of allotment: December 31, 2025
  • Trading commences: March 12, 2026

Regulatory Changes

No new regulatory changes introduced. This circular is a routine listing notification under BSE’s equity segment for new securities admitted to trading.

Compliance Requirements

  • Trading members are informed to permit trading of the newly listed shares from March 12, 2026
  • Lock-in restrictions must be observed for the specified tranches of shares as detailed below

Important Dates

  • Date of Allotment: December 31, 2025
  • Trading Effective From: March 12, 2026
  • Lock-in upto September 30, 2027: 1,50,00,000 shares (Dist. Nos. 529090089 to 544090088) — Promoter tranche
  • Lock-in upto September 30, 2026: 2,68,950 shares (Dist. Nos. 544090089 to 544359038) — Non-Promoter tranche

Impact Assessment

The listing results in a dilution of existing shareholding due to the addition of over 1.52 crore new equity shares at Rs. 740/- per share. The majority of shares (1.50 crore) are locked in until September 2027, limiting near-term selling pressure from promoters. The smaller Non-Promoter tranche of 2,68,950 shares has a shorter lock-in until September 2026. Overall market impact is moderate, with limited free float addition in the short term due to lock-in constraints.

Impact Justification

Routine preferential allotment listing with lock-in restrictions affecting a portion of newly listed shares; relevant to existing shareholders and potential investors tracking dilution and lock-in schedules.