Lloyds Metals & Energy allots 2.66 cr equity shares on conversion of debentures

Lloyds Metals & Energy has allotted 2,66,50,000 equity shares of Re 1 each on conversion of optionally fully convertible debentures on preferential basis at a premium of Rs 6.50 per each to non-promoter Clover Media.

Consequent to the aforesaid allotment, the equity capital of the Company has increased from 25,17,49,220 consisting of 25,17,49,220 Equity Shares of Re. 1 each to 27,83,99,220 consisting of 27,83,99,220 Equity Shares of Re. 1 each

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