Archive · 5 Sep 2025
Lloyds Enterprises Rights Issue Extended to September 9
Lloyds Enterprises, a company that invests in real estate, is offering new shares to raise money.
They've extended the deadline for people to buy these new shares, originally set to close on September 8th, due to a holiday.
Now, the last day to participate is September 9th.
The company plans to use the money to invest in a real estate subsidiary called Lloyds Realty Developers Limited (LRDL) primarily in the Mumbai Metropolitan Region (MMR).
The money will be used for real estate projects, buying land, paying off debt, and other strategic investments.
The price for each new share is ₹39, with part of the payment due upfront and the rest later.
Lloyds Enterprises extended the closing date of its rights issue to September 9, 2025.
The extension was due to a holiday on September 8th, 2025.
The rights issue aims to raise approximately ₹992.26 crore.
Funds will be used for investments in Lloyds Realty Developers Limited (LRDL).
Eligible shareholders can buy 1 rights equity share for every 5 shares held.
- Who
- Lloyds Enterprises
- What
- Extended its rights issue closing date.
- When
- The closing date was extended to September 9, 2025.
- Where
- Mumbai Metropolitan Region (MMR)
- Why
- Due to a holiday and to raise funds for real estate development and other investments.
- Rights Issue Opening Date
- August 25, 2025
- Rights Issue Closing Date
- September 9, 2025
- Record Date
- August 14, 2025
- Rights Entitlement Ratio
- 1:5
- Issue Price
- ₹39 per share
- Total Amount to be Raised
- ₹992.26 crore (approximately)
- Share Price Increase
- 5.44% (intra-day)