Promoter Reinvests ₹76.18 Cr from Share Sale for Medical Device Unit Expansion

Lords Mark Industries Ltd announced that promoter Mr. Sachidanand Hariram Upadhyay has proposed to reinvest the majority of funds received from the sale of 89,98,598 equity shares. The shares were sold on September 29, 2026, through an open market transaction on BSE, generating aggregate net proceeds of ₹76,18,19,624/-. These funds are intended for the strategic expansion of the company's medical device unit. This reinvestment signals the promoter's continued commitment to the company's growth and operational development, particularly in the high-potential medical device sector.