Lloyds Enterprises Limited has disclosed the creation of an additional pledge over 40,00,000 (Forty Lakhs) equity shares of its subsidiary, Lloyds Engineering Works Limited. This pledge was made in favour of Tata Capital Limited on August 26, 2026, as per a Share Pledge Agreement dated August 13, 2026. This disclosure is in accordance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Additional Share Pledge Disclosed
Lloyds Enterprises Limited has announced the creation of a new pledge on a substantial block of equity shares. The company has pledged an additional 40,00,000 (Forty Lakhs) equity shares of its subsidiary, Lloyds Engineering Works Limited (“Target Company” / “LEWL”). This transaction was executed on August 26, 2026.
Details of the Encumbrance
The shares have been pledged in favour of Tata Capital Limited. The underlying agreement for this pledge is a Share Pledge Agreement dated August 13, 2026. This disclosure is made in compliance with Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Previous Disclosure Context
This new pledge follows a prior disclosure made by the company on August 20, 2026, related to the pledge of equity shares of the Target Company. The current announcement serves to update stakeholders on further encumbrances created on the company’s holdings in its subsidiary.
Promoter Holding Details
Lloyds Enterprises Limited, identified as the promoter, holds a significant stake in Lloyds Engineering Works Limited. Prior to this additional pledge, their total shareholding was 48,33,26,722 shares, representing 31.16% of the total share capital and 30.86% of the diluted share capital. Additionally, 10,85,00,000 shares were already encumbered, representing 6.99% of the total share capital. With the creation of the new pledge of 40,00,000 shares, the total number of encumbered shares will be 11,25,00,000, representing 7.25% of the total share capital. The post-event holding of encumbered shares after this creation is 11,25,00,000.
Source: BSE
