Lloyds Engineering Works revises right issue object utilization

Lloyds Engineering Works Ltd announced a variation in the objects of its right issue, approved by the Board of Directors based on Audit Committee recommendations. As of June 30, 2026, ₹660.52 Crore has been utilized from the issue, with ₹326.73 Crore remaining unutilized. The company plans to utilize the remaining funds between July 1, 2026, and March 31, 2027, for various purposes including capital expenditure, acquisition of engineering assets, and working capital. The approval is subject to shareholder and regulatory consent.