Lloyds Metals and Energy Limited announced a private placement to issue 40,000,000 convertible equity warrants at an issue price of INR 185 per warrant for the gross proceeds of INR 7,400,000,000 on July 4, 2024. The transaction will include participation from new investors Lloyds Enterprises Limited 7,500,002 warrants, Sky United LLP 7,499,998 warrants, Sunflag Iron & SteelmCompany Limited 2,700,000 warrants, Goodday Enterprises LLP 2,700,000 warrants, Om Hari Mahabir Prasad Halan 2,100,000 warrants, TIMF Holdings 2,000,000 warrants, Sheenyplex Industries 1,500,000 warrants, Choesion MK Best Ideas Sub, Trust 1,200,000 warrants, Neha Bagaria 1,000,000 warrants, Chartered Finance & Leasing Limited 800,000 warrants, Alpana Dangi 600,000 warrants, C Kandasamy 600,000 warrants, MGN Agro Properties Private Limited 500,000 warrants, Value Plus Commodities LLP 500,000 warrants, Yash Shares and Stock Private Limited 500,000 warrants, Kritagyata Trust 500,000 warrants, Manorama Advisors LLP 500,000 warrants, Amit Dangi HUF 400,000 warrants, K&K Ventures 400,000 warrants, Shailesh Shivkumar Dalmia 400,000 warrants, Silver Stallion Limited 342,000 warrants, Naveen Chandra Lal 335,000 warrants, Madanlal Daga 306,600 warrants, Shah Kinnari 300,000 warrants, Shah Bela 300,000 warrants, Premlata Balkrishna Harlalka 300,000 warrants, Keystar Infotech Private Limited 300,000 warrants, Indu Bala Jain 300,000 warrants, Ashibhadarsh Ventures Private Limited 250,000 warrants, Shakti Ahuja 250,000 warrants, Anmol Rashesh Bhansali 250,000 warrants, Shuchi Advisors LLP 200,000 warrants, Vasanthakumar Balasubramaniam 200,000 warrants, Transtek Coal & Minerals Private Limited 200,000 warrants, Accent Agencies Private Limited 200,000 warrants, Capri Global Holdings Private Limited 200,000 warrants, Shubham Maheshwari 175,000 warrants, Vahini Mahendiran 170,000 warrants, Amrita Kedia 150,000 warrants, Anand Poddar 150,000 warrants, Sunita Sushil Kumar Dangi 100,000 warrants, Arun Shriniwas Goel 100,000 warrants, Pramit Shashikant Jhaveri 100,000 warrants, Senthilnathan Ramachandran 100,000 warrants, Vummidi Enterprises LLP 100,000 warrants, Ranjit Girish Manjarekar 100,000 warrants, V Kamala 75,000 warrants, Ravindranath N K 75,000 warrants, Venkidusamy Sakthivel 70,000 warrants, Kalpana Sathishkumaran 65,000 warrants, Hemankur Upadhyaya 60,000 warrants, Dipco Estates Private Limited 50,000 warrants, K M Dhivya Prabha 50,000 warrants, Vasantha Sannapureddy 27,000 warrants, Anurag Sannapureddy 27,000 warrants, Vidhya Shree C 25,000 warrants, C Vaasudevaan 25,000 warrants, M Indira 20,000 warrants, Shree Balaji Com LLP 15,000 warrants, R Balaji 10,500 warrants, Gowri 10,000 warrants, Rajeshwari Subramanian 10,000 warrants, Palanivel Rajan 7,000 warrants, K K K Vishal Kailash 6,700 warrants, S. Prabhu 5,000 warrants, Arunadevi Murugesan 5,000 warrants, Chellamuthu Nallasamy 3,000 warrants, Mitun Lakshminarayanan 2,700 warrants and Nanjundan Pramya 2,500 warrants. The transaction has been approved by shareholders of company and is subject to general shareholders to be held on July 29, 2024.