Lloyds Enterprises Ltd has announced a rights issue worth ₹992 crore, offering equity shares in a 1:5 ratio to eligible shareholders.
The partly paid-up shares are priced at ₹39 each, with half payable on application and the balance due by March 31, 2027. The proceeds will be channelled towards strategic investments, debt repayment, and real estate development via its subsidiary Lloyds Realty Developers Ltd.
Lloyds Enterprises has fixed August 14, 2025, as the record date to determine shareholders eligible for the rights entitlement. The rights issue will be in the ratio of one rights equity share for every five fully paid-up equity shares held by eligible shareholders.
The company will issue 25.44 crore partly paid-up shares at ₹39 each. Shareholders are required to pay ₹19.50 on application, while the remaining ₹19.50 will be collected in one or more subsequent calls, no later than March 31, 2027.
According to the company, this rights issue is a strategic move aimed at unlocking value in its high-growth real estate subsidiary, Lloyds Realty Developers Ltd, where it holds a 60% stake. The net proceeds from the issue will be utilised to subscribe to non-convertible debentures of LRDL.
The funds raised through these debentures will be deployed for real estate development, land acquisition, debt repayment, and other strategic investments through LRDL’s subsidiaries and affiliates.
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On August 14, 2025, at 2:39 PM, Lloyds Enterprises share price was trading lower at ₹72 per share.
The ₹992 crore rights issue in a 1:5 ratio marks a significant capital-raising move for Lloyds Enterprises, aimed at strengthening its real estate arm.
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Published on: Aug 14, 2025, 4:17 PM IST
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