Lloyds Metals allots 1,76,20,550 equity shares on warrant conversion; up to 49% of VLMH
Lloyds Metals & Energy · Minerals & Mining
Key highlights
- Board approved allotment of 1,76,20,550 equity shares of face value Rs. 1 at Rs. 740 per share on conversion of warrants, against Rs. 481 per warrant received
- Company received Rs. 847,54,84,550 from 47 investors on conversion of the warrants
- LGRF, a wholly owned subsidiary, proposed to acquire up to 49% of VLMH (Cayman Islands) for up to USD 1 million; completion expected by end of April, 2026
Why it's rated notable: amount is ₹500 crore or more
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Lloyds Metals & Energy
- Fundraise / allotmentNotableLloyds Metals and Energy Limited approves Q2 results, investment, and fundraising plans
- Fundraise / allotmentMajor developmentLloyds Metals approves results, ₹625 crore TEIL investment, USD 300 Million debt raise
- Fundraise / allotmentMajor developmentLloyds Metals approves Q2 results, ₹625 crore TEIL investment and USD 300 million debt
- Acquisition / mergerMajor developmentLloyds Metals and Energy Limited announces Q2 FY 2026-27 results and approves investments
- Fundraise / allotmentNotableLloyds Metals and Energy Ltd allots USD 130 million senior secured floating rate bonds
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Minerals & Mining
on management's own guidance
- NMDCGood growth2
- 1
- Ashapura MinechemGood growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.