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Lloyds Engineering Publishes Record Date Notice for Final Call on Rights Shares

Story Highlights
  • Lloyds Engineering Works has issued newspaper notices on the record date for the first and final call on partly paid-up rights equity shares.
  • The advertisements in Business Standard and Mumbai Lakshadeep advance completion of its rights issue by guiding investors on paying remaining share amounts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lloyds Engineering Publishes Record Date Notice for Final Call on Rights Shares

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Lloyds Engineering Works Ltd ( (IN:LLOYDSENGG) ) has issued an update.

Lloyds Engineering Works Limited has notified stock exchanges that it has published newspaper advertisements announcing the record date for the first and final call on its partly paid-up rights equity shares issued under its recent rights issue. The notices, carried in national English daily Business Standard and Marathi daily Mumbai Lakshadeep, are intended to formally inform shareholders and the market of the timetable and mechanics for payment of the remaining amount on these rights shares, marking a procedural step toward fully paid-up equity and completion of the capital-raising process.

More about Lloyds Engineering Works Ltd

Average Trading Volume: 389,070

Technical Sentiment Signal: Hold

Current Market Cap: 66.98B INR

For an in-depth examination of LLOYDSENGG stock, go to TipRanks’ Overview page.

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