Share Issuance to BCCL (Times of India)
On July 15, 2026, Lord's Mark Industries Limited announced that it will honour the conversion of share entitlement granted to Bennett, Coleman and Co. Ltd (BCCL), the parent of The Times of India, under the existing Share Cum Warrant Subscription Agreement. BCCL is entitled to receive 1,028,483 equity shares at a price of ₹158 per share, amounting to a total consideration of approximately ₹162.5 crore. The conversion was recorded before the Delhi High Court, confirming the legal compliance of the transaction.
Lord's Mark highlighted that the company maintains a diversified portfolio spanning healthcare, diagnostics, MedTech, dialysis, renewable energy, and advanced medical technologies. The management indicated that the participation of a prominent media institution such as BCCL reflects confidence in the firm’s long‑term strategy and operational fundamentals.
Commenting on the development, Managing Director Sachidanand Upadhyay stated: "The value of any company is ultimately reflected in the confidence reposed by credible institutions. BCCL sought its share entitlement at ₹158 per share, and we have honoured our commitment. We believe this reflects confidence in Lord's Mark's long‑term vision, business fundamentals and growth potential. Our commitment remains focused on building a future‑ready enterprise while creating sustainable value for our shareholders."
The issuance is part of Lord's Mark’s broader effort to strengthen its capital base and support ongoing investments across its core business segments. For further information, the company directed readers to its website at https://lordsmark.com/.