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Lloyds Metals allots shares under employee stock option plan

November 12, 2025 at 02:49 PM UTCBy FilingReader AI

On November 12, 2025, Lloyds Metals and Energy Limited announced the allotment of 96,580 equity shares of Re. 1/- each to the Lloyds Employees Welfare Trust under its Employee Stock Options Plan – 2017 (ESOP-2017). This allotment was approved by the company's nomination and remuneration committee. The shares were issued at a price of Rs. 4/- per equity share, comprising a par value of Re. 1/- and a premium of Rs. 3/- per share. These new equity shares will rank pari passu with the existing shares, enhancing employee ownership within the company.

Following this allotment, the total issued and paid-up equity share capital of Lloyds Metals and Energy Limited has increased to Rs. 52,85,02,270, divided into 52,85,02,270 equity shares of Re. 1/- each. The company has already secured in-principle approval for these shares from both BSE Limited and the National Stock Exchange of India Limited, where its shares are listed. The allotment aligns with the disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The company's shares are listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). The shares issued have an ISIN of INE281B01032, with distinctive numbers ranging from 528405691 to 528502270. All equity shares allotted through the exercise of stock options will hold the same rights as existing equity shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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