Lloyds Steels Industries Limited approves preferential allotment

The Board of Directors of Lloyds Steels Industries Limited in its meeting held today i.e. Thursday, 28th October 2021 have considered and approved the allotment to "Aeon Trading LLP" as one of the allottees instead of "Plutus Trade and Commodities LLP" for the Preferential Allotment up to 16,50,00,000 Convertible Warrants of Re. 1/- each at the same issue price i.e. Rs.3.86 each (including premium of Rs.2.86 each), aggregating to Rs.63,69,00,000/- to persons belonging to Promoters/ Promoter Group on Preferential Allotment basis.

Shares of Lloyds Steels Industries Limited was last trading in BSE at Rs. 7.17 as compared to the previous close of Rs. 6.83. The total number of shares traded during the day was 9954941 in over 8920 trades.

The stock hit an intraday high of Rs. 7.17 and intraday low of 6.83. The net turnover during the day was Rs. 70544304.00.

Source : Equity Bulls

Keywords

LloydsSteelsIndustries INE093R01011 PreferentialAllotment