19-Oct-2026 23:31:06

General news

LORD'S MARK INDUSTRIES: BOARD TO CONSIDER ₹100 CR PROMOTER LOAN WITH EQUITY CONVERSION OPTION

• Board meeting scheduled for 23 October 2026. • Company proposes raising ₹100 crore through an unsecured loan. • Funding proposed from promoter and director Sachidanand H. Upadhyay. • Loan will carry an option to convert into equity shares. • Conversion terms will be mutually decided under the loan agreement. • Proposal is subject to board consideration and shareholder approval. IMPACT: MIXED — Promoter funding could strengthen liquidity and support growth, but potential equity conversion may dilute existing shareholders.

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