Board Meeting19 Oct 2026, 10:00 pm
Lords Mark Industries to consider ₹100 Cr loan from Promoter
AI Summary
Lords Mark Industries Ltd has announced a board meeting scheduled for October 23, 2026. The primary agenda item is to consider and approve a loan of ₹100 Crore from Mr. Sachidanand H Upadhyay, a Promoter and Director. This loan will have an option for conversion into equity, subject to mutually agreed terms and shareholder approval. The company is adhering to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by providing this notice.
Key Highlights
- Board meeting scheduled for October 23, 2026.
- Consideration of a ₹100 Crore loan from Promoter.
- Loan includes an option for equity conversion.
- Shareholder approval required for conversion.
- Adherence to SEBI Listing Regulations.
Price Impact
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