LLOYDSME : APPROVES NCD ISSUE WORTH OVER RS 3,000 CR

• Board approves issuance of Non-Convertible Debentures up to ₹3,000 Cr in one or more tranches on private placement basis • Also approves raising up to USD 130 million via USD-denominated senior secured floating or fixed rate notes, with option to upsize by an additional USD 50 million • Cancels proposed NCD issuance of up to ₹600 Cr approved by the Board on 21 September 2026 • Prior approval for NCD issuance up to ₹950 Cr remains unaffected • Notes to be issued under Regulation S of the US Securities Act; pricing, tenure and coupon to be decided later • Debentures to be listed on BSE and/or NSE

Lloyds Metals and Energy Ltd

Open attachment

← Back to feed