StockWatch
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Industrial Products
Rights Issue6 Aug 2026, 04:41 pm

Lloyds Engineering Works: Monitoring Agency Report for Rights Issue Proceeds

AI Summary

Lloyds Engineering Works Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Rights Issue. The report, issued by Brickwork Ratings India Private Limited, confirms no deviation from the objects of the Rights Issue, which raised ₹987.25 Crore. The report has been reviewed by the Audit Committee and approved by the Board of Directors. The company has also made the report available on its website.

Key Highlights

  • Monitoring Agency Report for Q2 2026 submitted.
  • No deviation in utilization of Rights Issue proceeds.
  • Rights Issue raised ₹987.25 Crore.
  • Report approved by Audit Committee and Board.
  • Report available on company website.