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Lord's Mark Industries Ltd set to debut on BSE with plans for NSE entry and international growth

Lord's Mark Industries Ltd set to debut on BSE with plans for NSE entry and international growth

Economic Times12 hours ago
Synopsis
Lord's Mark Industries Ltd is set to list on the Bombay Stock Exchange (BSE) following its merger approval, aiming to boost expansion and shareholder value through a share exchange program. This move has attracted international investor interest, particularly in its Medtech and renewable energy sectors.
Spotlight Wire Lord's Mark Industries Ltd, an Indian conglomerate operating across healthcare, diagnostics, renewable energy, and advanced technology sectors, is preparing to enter the capital markets through a planned listing on the Bombay Stock Exchange (BSE). This strategic initiative underscores the company's vision to expand its footprint both domestically and internationally.The public listing comes on the heels of the company's recent approval from the National Company Law Tribunal (NCLT) for its merger with Lord's Mark India Ltd (previously known as Kratos Energy and Infrastructure Ltd). This merger aims to enhance operational synergies, facilitate improved resource allocation, optimise management structures, and drive aggressive expansion into emerging business segments.
Advantageous share exchange programme for stakeholdersUnder the merger framework, existing shareholders of Lord's Mark Industries Ltd will benefit from a share exchange ratio of 1:1.25. Each share owned in Lord's Mark Industries Ltd will be converted to 1.25 shares in the merged entity, Lord's Mark India Ltd. This attractive ratio demonstrates the company's dedication to maximising shareholder value while establishing a more robust and agile corporate structure.
International investment interest and strategic alliances The BSE listing announcement has generated considerable attention from global investors, reflecting strong confidence in Lord's Mark Industries' diversified operations, market resilience, and progressive business strategies. The company has secured a substantial proposal for an international collaboration related to its Medtech product portfolio, a premier offering within the renewable energy division. This alliance is expected to enhance the company's global market penetration and strengthen its position as a leading force in the sustainable energy sector.
Stock Exchange Strategy: BSE debut leading to NSE aspirationsThe BSE listing represents the initial phase of Lord's Mark Industries' comprehensive capital market strategy. Looking ahead, the company has outlined plans to secure a National Stock Exchange (NSE) listing within the coming six months. This multi-exchange approach is expected to improve stock liquidity, broaden the shareholder base, and increase visibility among domestic and international institutional investors. The NSE listing will also facilitate enhanced price discovery mechanisms and greater capital accessibility, essential elements for the company's ambitious growth objectives.
For additional information, visit https://lordsmark.com/
Disclaimer - The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.
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