Description
BSE permits trading in 1,10,438 new equity shares of Lloyds Engineering Works Ltd. arising from conversion of partly paid rights shares to fully paid up shares, effective May 14, 2026.
Summary
BSE has notified trading members that 1,10,438 new equity shares of Lloyds Engineering Works Ltd. (Scrip Code: 539992, ISIN: INE093R01011) are permitted for trading effective Thursday, May 14, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Re. 1/- each, issued on a rights basis.
Key Points
- 1,10,438 equity shares of Re. 1/- each are listed for trading from May 14, 2026.
- Shares arise from conversion of partly paid rights shares to fully paid up shares.
- ISIN: INE093R01011; Scrip Code: 539992.
- New shares are pari-passu with existing equity shares of the company.
- Two tranches of distinctive numbers assigned covering 38,370 and 72,068 shares respectively.
Regulatory Changes
No new regulatory changes. This is a standard listing notification pursuant to the conversion of partly paid shares issued under a rights issue.
Compliance Requirements
Trading members of BSE are permitted and informed to trade in these new securities from May 14, 2026. No additional compliance action is required from members beyond normal trading procedures.
Important Dates
- Notice Date: May 13, 2026
- Trading Commencement Date: May 14, 2026 (Thursday)
Impact Assessment
Minimal broader market impact. The listing affects only holders of partly paid rights shares of Lloyds Engineering Works Ltd. who have completed payment, converting their holdings to fully paid equity. The new shares rank pari-passu with existing shares, so no dilution impact beyond the original rights issue announcement. Distinctive number ranges: 1296780683–1296819052 (38,370 shares) and 1392569424–1392641491 (72,068 shares).
Impact Justification
Routine listing of new equity shares from conversion of partly paid rights shares to fully paid up; limited to existing rights shareholders of Lloyds Engineering Works Ltd. and does not represent a fresh public offering or major market event.