New Launch9 April 2026 at 07:44 am
Lords Chloro Alkali Ltd Receives Listing Approval for 35,00,000 Equity Shares
AI Summary
Lords Chloro Alkali Ltd has received listing approval from the National Stock Exchange and BSE Limited for 35,00,000 equity shares. These shares are being issued to promoters and non-promoters on a preferential basis, following the conversion of warrants. The shares, issued at a premium of Rs. 112 each, amount to a total issue value of Rs. 42,70,00,000. The company is expected to comply with the provisions of Regulation 167 of SEBI (ICDR) Regulations and SEBI's requirements regarding shareholding pattern and trading approvals.
Key Highlights
- Lords Chloro Alkali Ltd has received listing approval for 35,00,000 equity shares.
- The shares are being issued to promoters and non-promoters on a preferential basis, following the conversion of warrants.
- The total issue value of the shares is Rs. 42,70,00,000.
- The company is expected to comply with SEBI's regulations regarding shareholding pattern and trading approvals.
- The shares will be listed and admitted to dealings on the Exchange upon receipt of confirmation from the depositories.