Lyka Labs has allotted over 4.62 lakh equity shares following a Scheme of Amalgamation approved by the NCLT. This increases the company's paid-up capital to ₹36.15 crore.

Lyka Labs Completes Amalgamation Allotment

Lyka Labs has allotted 4,62,711 equity shares of face value Rs 10 each. The post-allotment paid-up capital is now ₹36.15 crore, comprising 3,61,52,711 shares.

Reader Takeaway: Procedural allotment boosts share capital; new shares to be listed on exchanges.

What just happened

The Board of Directors at Lyka Labs Limited approved the allotment of 4,62,711 equity shares. This action follows the Scheme of Amalgamation that was sanctioned by the National Company Law Tribunal (NCLT), Ahmedabad Bench, on March 16, 2026.

The shares were issued to eligible shareholders of Lyka Exports Limited, the transferor company, as of the record date of June 04, 2026. The allotment ratio was 23 fully paid-up equity shares of Lyka Labs for every 100 shares held in Lyka Exports Limited.

Why this matters

This allotment signifies the operational completion of the share issuance phase under the approved amalgamation scheme. It directly impacts the company's capital structure, increasing its total paid-up equity share capital.

The newly allotted shares will rank equally with existing equity shares and are slated for listing and trading on both the BSE Limited and the National Stock Exchange of India Limited, providing liquidity and market integration.

The backstory

Lyka Labs Limited and Lyka Exports Limited underwent a Scheme of Amalgamation, a process approved by the NCLT. This event marks a key step in integrating the two entities' operations and financial structures.

What changes now

The company's equity share capital has been updated. The total number of outstanding shares has increased, and the total paid-up capital now stands at ₹36.15 crore. The new shares will become part of the public float on the stock exchanges.

Risks to watch

While the allotment is a procedural step, investors should monitor the market reaction to the increased share count and ensure smooth listing and trading of the new shares to avoid any price volatility.

Context metrics (time-bound)

• Allotted Equity Shares: 4,62,711
• Face Value per Share: Rs 10
• Record Date: June 04, 2026
• Post-Allotment Paid-up Capital: ₹36.15 crore
• Post-Allotment Total Shares: 3,61,52,711
• NCLT Order Date: March 16, 2026

What to track next

Investors should watch for the official listing and commencement of trading for the newly allotted shares on the BSE and NSE. Performance post-listing will be a key indicator.