Lead Reclaim And Rubber Products Limited Completes Equity Share Allotment at Rs 75 Per Share
Lead Reclaim And Rubber Products Limited announced that its Board of Directors approved the allotment of equity shares on July 10, 2026. The company allotted a total of 10,44,000 equity shares of face value Rs 10 each at an issue price of Rs 75 per share paid in cash.The newly allotted Equity Shares are intended to rank pari-passu with all existing equity shares of the Company. This allotment falls under a preferential issuance.
Following the capital increase, the Paid up Equity Share Capital of Lead Reclaim And Rubber Products Limited now stands at Rs 9,73,50,630. This total is comprised of 97,35,063 equity shares, each with a face value of Rs 10.
Details regarding the issuance include:
| Particulars | Details |
|---|---|
| Type of securities issued | Equity Shares |
| Type of issuance | Preferential allotment |
| Issue Price | Rs 75/- |
| Number of Investors | 14 |
The allocation involved fourteen investors. The details of the investors and the number of shares allotted to each are as follows:
| Investor Name | No of shares Allotted | Category |
|---|---|---|
| Riddhi Siddhi Eduwise LLP | 33000 | Public |
| Shiv Sehgal | 66000 | Public |
| Jalan Chemical Industries Private Limited | 399000 | Public |
| Yellowstone Investments | 66000 | Public |
| Uday Bharatbhai Patel | 13500 | Public |
| Manisha Mehul Asher | 33000 | Public |
| Apurv Mehra | 33000 | Public |
| Tan Bros Private Limited | 33000 | Public |
| Balaji Rice Industries Private Limited | 66000 | Public |
| Swati Jain | 49500 | Public |
| Asho Investment and Advisory Private Limited | 33000 | Public |
| Premal Shukla | 100500 | Public |
| Kaushik Joshi | 99000 | Public |
| Jigar Jagirambhai Joshi | 19500 | Public |
LRRPL Stock Price Movement
Shares of Lead Reclaim And Rubber Products Limited shed 1.10% in the post-market session, finishing the day at ₹90. The stock traded within a daily range of ₹88 to ₹90, with a total traded volume amounting to 16,500 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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