Lloyds Engineering Works Rights Issue Details 2025| 9:34 Entitlement, Record date 28 April

The Company intends to utilize the Net Proceeds from this Issue towards the following objects:

(A) For the Company:

1. Funding the capital expenditure towards replacement of Industrial Shed’s Wall & Roof Sheeting, Repair, Restoration and Strengthen of entire Structure, at existing workshops at Murbad, Thane, Maharashtra;
2. Funding the acquisition of the Engineering Assets of Bhilai Engineering Corporation Limited, Bhilai and overhauling and refurbishment of the machineries thereof;
3. Funding the working capital requirements of our Company;
4. Investment in the equity shares of Techno Industries Private Limited (second tranche); 
5. Funding of unidentified acquisition and General Corporate Purposes.

(B) For Techno Industries Private Limited, our Material Subsidiary:

1. Funding the acquisition of leasehold rights of the land as well as shed thereon of the existing factory, situated at Plot No. 5002, Phase IV, GIDC, Vatva, Ahmedabad, Gujarat.
2. Funding the capital expenditure requirements towards purchase of machineries at existing factory situated at Plot No. 5002 and Plot No. 505, Phase IV, GIDC, Vatva, Ahmedabad, Gujarat.
3. Funding the working capital requirements.