Fwd: LLOYDS ENGINEERING WORKS LIMITED-RIGHTS ENTITLEMENT LETTER

1 message

Sudip Das <[email protected]> Thu, 8 May 2025 at 8:22 am

To: [email protected]

---------- Forwarded message ---------

From: LLOYDS ENGINEERING WORKS LIMITED <[email protected]>
Date: Thu, 1 May 2025, 03:34
Subject: LLOYDS ENGINEERING WORKS LIMITED-RIGHTS ENTITLEMENT LETTER
To: <[email protected]>

LLOYDS ENGINEERING WORKS LIMITED

Registered Office: Plot No. A-5/5, MIDC Industrial Area, Murbad, Thane 421 401
Corporate Office: A-2, Madhu Estate, 2nd Floor, Pandurang Budhkar Marg, Lower Parel, Mumbai 400 013
Contact person: Rahima Shaikh, Company Secretary and Compliance Officer
Registered Office Telephone: +91-2524-222271 | Corporate Office Telephone: +91-22-6291 8111 |
E-mail id: [email protected] |Website: www.lloydsengg.in
Corporate Identity Number: L28900MH1994PLC081235

RIGHTS ENTITLEMENT LETTER

Date: 30-04-2025

DP ID - Client ID: 1208870017353351

Application Number: 1113652

Sole/First Holder Name: SUDIP DAS

Dear Shareholder,

Sub: ISSUE OF UP TO 30,85,17,476* PARTLY PAID UP EQUITY SHARES OF FACE VALUE OF ₹1 EACH OF OUR COMPANY (THE "RIGHTS
EQUITY SHARES") FOR CASH AT A PRICE OF ₹ 32 PER EQUITY SHARE (INCLUDING A PREMIUM OF ₹ 31 PER EQUITY SHARE) AGGREGATING
UP TO ₹ 98,725.59 LAKHS* ON A RIGHTS BASIS TO THE ELIGIBLE EQUITY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF 9 RIGHTS
EQUITY SHARE FOR EVERY 34 FULLY PAID UP EQUITY SHARES HELD BY THE ELIGIBLE EQUITY SHAREHOLDERS ON THE RECORD DATE,
THAT IS APRIL 28, 2025 (THE "ISSUE"). FOR FURTHER DETAILS, PLEASE REFER TO "TERMS OF THE ISSUE" BEGINNING ON PAGE 362 OF
THE LETTER OF OFFER.

*Assuming full subscription in the Issue, Allotment and receipt of all Call Monies with respect to the Right Equity Shares.

PAYMENT SCHEDULE FOR RIGHTS EQUITY SHARES

AMOUNT PAYABLE PER RIGHTS EQUITY SHARE Face Value (₹) Premium (₹) Total(₹)

On Application 0.50 15.50 16.00

Not more than two Calls with terms and conditions such as the
number of Calls and the timing and quantum of each Call as
0.50 15.50 16.00
may be decided by the Board/Securities Issue Committee from
time to time
Total (₹) 1.00 31.00 32.00

We are pleased to inform that our Company is proposing a Rights Issue of Equity Shares as mentioned in the captioned subject in the ratio of 9
(Nine) rights equity shares for every 34 (Thirty Four) fully paid-up equity shares held by the existing Equity Shareholders on the Record Date that
is on Monday, April 28, 2025.

With reference to the above, please find below the details of the Equity Shares held by you as on the Record Date, i.e. Monday, April 28, 2025
along with your Rights Entitlements calculated on the basis of the above-mentioned ratio for your kind information:
 NUMBER OF EQUITY SHARES HELD BY YOU ON
DP OR CLIENT ID NUMBER OF RIGHTS ENTITLEMENT
RECORD DATE I.E. April 28, 2025

1208870017353351 1030 272

You are requested to take note of the Issue Schedule as provided.

LAST DATE FOR ON-MARKET

ISSUE OPENS ON ISSUE CLOSES ON**
RENUNCIATION*

Thursday, May 15, 2025 Tuesday, May 27, 2025 Friday, May 30, 2025

*Eligible Equity Shareholders are requested to ensure that renunciation through off market transfer is completed in such a manner that the Rights
Entitlement are credited to the demat account of the Renouncees on or prior to the Issue Closing Date.

**Our Board will have the right to extend the Issue period as it may determine from time to time, provided that this Issue will not remain open in
excess of 30 (Thirty) days from the Issue Opening Date (inclusive of the Issue Opening Date).

Further, no withdrawal of Application shall be permitted by any Applicant after the Issue Closing Date.

Kindly note that pursuant to the provisions of the SEBI ICDR Regulations and the SEBI – Rights Issue Circular
SEBI/HO/CFD/DIL2/CIR/P/2020/13 dated January 22, 2020, the Rights Entitlements, as mentioned above, shall be credited only in
dematerialized form in your demat account before the Issue Opening Date i.e., Thursday, May 15, 2025 with ISIN – INE093R20029.

You can obtain the details of your respective Rights Entitlements from the website of the Registrar at (www.bigshareonline.com) by entering
your DP ID and Client ID. The link for the same shall also be available on the website of our Company i.e. (www.lloydsengg.in).

Fractional Entitlements

The Rights Equity Shares are being offered on a rights basis to Eligible Equity Shareholders in the ratio of 09 Rights Equity Shares for every 34
fully paid-up Equity Shares held on the Record Date i.e. Monday, April 28, 2025. For, Rights Equity Shares being offered on a rights basis under
the Issue, if the shareholding of any of the Eligible Equity Shareholders is in odd figure, the fractional entitlement of such Eligible Equity
Shareholders shall be ignored in the computation of the Rights Entitlement. However, eligible Equity Shareholders whose fractional
entitlements are being ignored earlier will be given preference in the Allotment of one additional Equity Share each, if such Eligible Equity
Shareholders have applied for additional Equity Shares over and above their Rights Entitlement, if any.

Credit of Rights Entitlements in demat accounts of Eligible Equity Shareholders

Pursuant to the provisions of the SEBI ICDR Regulations read with SEBI Rights Issue Circular and in terms of the Letter of Offer, the Rights
Entitlements of the Eligible Equity Shareholders have been credited in their respective demat account under the ISIN - INE093R20029. For
details of credit of the Rights Entitlements, see “Terms of the Issue - Credit of Rights Entitlements in demat accounts of “Eligible Equity
Shareholders” on pages 376 of the Letter of Offer.

Trading of the Rights Entitlements

In accordance with the SEBI Rights Issue Circular, the Rights Entitlements credited shall be admitted for trading on the Stock Exchange under
ISIN – INE093R20029 Prior to the Issue Opening Date, our Company will obtain the approval from the Stock Exchange for trading of Rights
Entitlements. Investors shall be able to trade/ transfer their Rights Entitlements either through On Market Renunciation or through Off Market
Renunciation. The trades through On Market Renunciation and Off Market Renunciation will be settled by transferring the Rights Entitlements
through the depository mechanism. For more details, see “Procedure for Renunciation of Rights Entitlements” on page 378 of the Letter of Offer.

Renunciation of Rights Entitlement

The Issue includes a right exercisable by you to renounce the Rights Entitlements credited in your demat account either in full or in part in
favour of any other person or persons in India only. The renouncement of Rights Entitlements credited in your demat account can be made
either a) by using the secondary market platform of the Stock Exchange through a registered stock broker (“On Market Renunciation”) or
through off market transfer through a depository participant (“Off Market Renunciation”) during the Renunciation Period. For more details, see “-
Procedure for Renunciation of Rights Entitlements” on page 378 of the Letter of Offer.

PLEASE NOTE THAT CREDIT OF THE RIGHTS ENTITLEMENTS IN THE DEMAT ACCOUNT DOES NOT, PER SE, ENTITLE THE INVESTORS TO THE
RIGHTS EQUITY SHARES AND THE INVESTORS HAVE TO SUBMIT APPLICATION FOR THE RIGHTS EQUITY SH
ARES ON OR BEFORE THE ISSUE CLOSING DATE AND MAKE PAYMENT OF THE APPLICATION MONEY. FOR DETAILS, SEE “PROCESS OF
MAKING AN APPLICATION IN THE ISSUE” ON PAGE 365 OF THE LETTER OF OFFER.

PLEASE NOTE THAT THE RIGHTS ENTITLEMENTS WHICH ARE NEITHER RENOUNCED NOR SUBSCRIBED ON OR BEFORE THE ISSUE
CLOSING DATE SHALL LAPSE AND SHALL BE EXTINGUISHED AFTER THE ISSUE CLOSING DATE.

Application Process for Rights Issue

If you are desiring to make an Application in this Issue, kindly note that you are mandatorily required to use either the ASBA process. For details,
see “Making an Application through the ASBA Process” on page number 366 of the Letter of Offer.

ASBA facility – Investors can submit the Application Form in physical mode to the designated branch of the Self-Certified Syndicate Banks
(“SCSBs”), or make online/electronic Application through the website of the SCSBs (if the facility is made available by such SCSB). SCSBs are
self-certified syndicate banks registered with SEBI, which offer the facility of ASBA. For the list of banks which have been notified by SEBI to act
as SCSBs for the ASBA process and details on designated branches of SCSBs collecting the Application Form, please refer to -

https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=35

Please note that Applications made with payment using third party bank accounts are liable to be rejected.

If you are desirous of making an application in this Issue, you should carefully read the provisions applicable to such Applications before
making their Application through ASBA. For details, see “Terms of the Issue- Making of an Application through the ASBA Process”.

Additionally, in terms of Regulation 78 of the SEBI ICDR Regulations, you may choose to accept the offer to participate in this Issue by making
plain paper Applications. The SCSBs shall accept such application forms only if all details required for making the application as per these
regulations are specified in the plain paper application. Please note that Eligible Equity Shareholder making an application in this Issue by way
of plain paper applications shall not be permitted to renounce any portion of their Rights Entitlements. If you make an application both in an
application form as well as on a plain paper, both applications are liable to be rejected. For details, see “Making of an Application by Eligible
Equity Shareholders on Plain Paper under ASBA process” on page 368 of the Letter of Offer.

In accordance with the SEBI ICDR Regulations, SEBI Rights Issue Circular, we are sending the Abridged Letter of Offer, the Rights Entitlement
Letter, Application Form and other issue material, through email to the email addresses and physical delivery through speed post to all the
Eligible Equity Shareholders who have provided their Indian addresses to our Company. The Abridged Letter of Offer, the Rights Entitlement
Letter, Application Form and other issue material will be provided, only through email and speed post, by the Registrar on behalf of our
Company to the Eligible Equity Shareholders who have provided their Indian addresses to our Company. The Application Form along with the
Abridged Letter of Offer and the Rights Entitlement Letter shall be sent through email and speed post at least three days before the Issue
Opening Date. In case of non-resident Eligible Equity Shareholders, the Application Form along with the Abridged Letter of Offer and the Rights
Entitlement Letter shall be sent through email address if they have provided an Indian address to our Company or who are located in
jurisdictions where the offer and sale of the Rights Equity Shares are permitted under laws of such jurisdictions.

Availability of Issue materials

You can also access the Letter of Offer, the Abridged Letter of Offer and Application Form (provided that you are eligible to subscribe for the
Rights Equity Shares under applicable securities laws) on the websites of:

a. Our Company at www.lloydsengg.in

b. the Registrar to the Issue at www.bigshareonline.com; and
c. the Stock Exchange at www.bseindia.com, www.nseindia.com

Other important links and helpline numbers

The Investors can visit following links for the below-mentioned purposes:

a. Updation of Indian address/ e-mail address/ phone or mobile number in the records maintained by the Registrar or our Company: Registrar
website: www.bigshareonline.com; Email [email protected]

b. Submission of self-attested PAN, client master sheet and demat account details by non- resident Eligible Equity Shareholders: Registrar
website: www.bigshareonline.com; Email: [email protected]

THE RIGHTS ENTITLEMENTS AND THE RIGHTS EQUITY SHARES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
ACT OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OF
AMERICA OR THE TERRITORIES OR POSSESSIONS THEREOF ("UNITED STATES"), EXCEPT IN A TRANSACTION NOT SUBJECT TO, OR
EXEMPT FROM, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. ACCORDINGLY,
THE RIGHTS EQUITY SHARES ARE ONLY BEING OFFERED AND SOLD OUTSIDE THE UNITED STATES IN “OFFSHORE TRANSACTIONS” AS
DEFINED IN AND IN RELIANCE ON REGULATIONS UNDER THE U.S. SECURITIES ACT TO ELIGIBLE EQUITY SHAREHOLDERS LOCATED IN
JURISDICTIONS WHERE SUCH OFFER AND SALE IS PERMITTED UNDER THE LAWS OF SUCH JURISDICTIONS. THE OFFERING TO WHICH
THE LETTER OF OFFER RELATES IS NOT, AND UNDER NO CIRCUMSTANCES IS TO BE CONSTRUED AS, AN OFFERING OF ANY RIGHTS
EQUITY SHARES OR RIGHTS ENTITLEMENT FOR SALE IN THE UNITED STATES OR AS A SOLICITATION THEREIN OF AN OFFER TO BUY ANY
OF THE RIGHTS EQUITY SHARES OR RIGHTS ENTITLEMENT.

In case of any queries, you may contact the Company or Registrar as per the details mentioned herein:

DETAILS OF THE ISSUER COMPANY DETAILS OF REGISTRAR TO THE ISSUE LEAD MANAGERS TO THE ISSUE

LLOYDS ENGINEERING WORKS Bigshare Services Private Limited MARK CORPORATE ADVISORS
LIMITED Address: Office No. S6-2, VI Floor, Pinnacle PRIVATE LIMITED
Address: A-2, Madhu Estate, 2nd Business Park, Mahakali Caves Road, Andheri 404/1, The Summit Business Bay, Sant Janabai
Floor, Pandurang Budhkar Marg, (E), Mumbai-400093 Road (Service Lane), Off Western Express
Lower Parel, Mumbai 400 013 Telephone: +91-022-62638200 | Fax: +91-022- Highway, Vile Parle (East), Mumbai 400
Email: [email protected] 62638299 057 CIN: U67190MH2008PTC181996
TELEPHONE NO.: +91-2524-222271 Email: [email protected] Telephone: +91 22 2612 3207/08
Website: www.lloydsengg.in Investor Grievance: Email: [email protected]
Contact Person: Ms. Rahima Shaikh, [email protected] Investor grievance e-mail
Company Secretary and Compliance Website: www.bigshareonline.com id: investorgrievance@
Officer Contact person: Mr. Suraj Gupta markcorporateadvisors.com
CIN: L28900MH1994PLC081235 SEBI Registration No: INR000001385 Contact person: Niraj Kothari
Website: www.markcorporateadvisors.com
 SEBI registration number: INM000012128

All capitalized terms, unless defined herein, shall have the meaning ascribed to them in the Letter of Offer.

For LLOYDS ENGINEERING WORKS LIMITED

Sd/-
Rahima Shaikh
Company Secretary and Compliance Officer
ACS:63449