Corporate Action12 Jun 2026, 04:41 pm
Lyka Labs Allots 4.62 Lakh Shares Post Amalgamation
AI Summary
Lyka Labs Ltd has approved the allotment of 4,62,711 equity shares of face value Rs. 10 each to the shareholders of Lyka Exports Limited, as per the approved scheme of amalgamation. This allotment is in the ratio of 23 shares of Lyka Labs for every 100 shares held in Lyka Exports. The company's paid-up equity share capital has increased to Rs. 36.15 crore. These new shares will rank pari-passu with existing shares and are proposed for listing on BSE and NSE.
Key Highlights
- Allotment of 4,62,711 equity shares approved.
- Ratio: 23 Lyka Labs shares per 100 Lyka Exports shares.
- Paid-up capital increased to Rs. 36.15 crore.
- New shares to be listed on BSE and NSE.
- Effective date follows NCLT order of March 16, 2026.
Price Impact
More from LYKALABS