Rights Issue2 Nov 2026, 10:11 pm
Lloyds Engineering: Monitoring Agency Report for Rights Issue Proceeds
AI Summary
Lloyds Engineering Works Ltd has submitted its Third Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Rights Issue. The company raised Rs. 987.25 Crore through this issue. As of September 30, 2026, Rs. 982.42 Crore had been received, with Rs. 23.54 Crore received during the quarter. Brickwork Ratings India Private Limited, the monitoring agency, reported no deviation from the stated objects of the issue. The report was reviewed and approved by the Audit Committee and the Board of Directors.
Key Highlights
- Monitoring Agency Report submitted for Q3 2026.
- Rights Issue proceeds utilization under review.
- Rs. 982.42 Cr received out of Rs. 987.25 Cr raised.
- No deviation from the objects of the Rights Issue.
- Report approved by Audit Committee and Board.
Price Impact
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