Lloyds Engineering to issue shares on preferential basis

Lloyds Engineering to issue shares on preferential basis The company has announced a preferential issue of equity shares to raise capital. Details on size, pricing, and allottees are not yet disclosed. Such moves can lead to dilution or strategic infusion.
📊 STOCKS: LLOYDSENG | 🏢 SECTOR: CapitalMarkets | #LOWIMPACT #PreferentialIssue