Lloyds Enterprises Completes Rights Issue to Strengthen Capital Base

The latest update is out from Lloyds Enterprises Limited ( (IN:LLOYDSENT) ).

Lloyds Enterprises Limited has announced the successful completion of its Rights Issue, which involved the issuance of 25,44,25,324 equity shares at an issue price of ₹39 per share. This move is part of the company’s strategy to raise capital, with the allotment of shares finalized in consultation with the registrar and approved by the National Stock Exchange of India. The Rights Issue is expected to enhance the company’s equity base and provide financial flexibility for future growth opportunities. The paid-up equity share capital now stands at 1,27,21,26,621 fully paid-up shares and 25,44,25,324 partly paid-up shares.

More about Lloyds Enterprises Limited

Average Trading Volume: 625,884

Technical Sentiment Signal: Buy

Current Market Cap: 110.3B INR

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