Lords Chloro Alkali Limited has announced that its Board of Directors, in a meeting held on August 27, 2025, approved raising funds of up to ₹300 crore through a qualified institutions placement (QIP). The fundraising plan will be executed in one or more tranches, subject to shareholder approval and necessary regulatory clearances.
The proposed issuance will be through equity shares under Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and relevant provisions of the Companies Act, 2013. The company stated that the issue price will be determined as per applicable laws, including premium, and the amount raised will not exceed ₹300 crore.
In line with disclosure requirements under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, the company clarified that the issuance is limited to equity shares via QIP, and no preferential allotment, bonus issue, ADR/GDR, or debt instruments are involved in the current fundraising plan.
Alongside the fundraising announcement, the company also informed that its 46th Annual General Meeting (AGM) is scheduled to be held on Monday, September 22, 2025.
