Entities within the Promoter and Promoter Group of Lloyds Engineering Works Limited executed a significant share transfer via a ‘Block Deal.’ Lloyds Enterprises Limited, AEON Trading LLP, and Lloyds Metals and Minerals Trading LLP sold a combined total of approximately 5.99 crore shares at a price of ₹49.65 per share. Following this transaction, the purchaser, Thriveni Earthmovers Private Limited, now holds a total stake of 9.05% in the company’s equity share capital.
Significant Promoter Group Share Transfer Announced
Lloyds Engineering Works Limited has disclosed a major transaction where shares held by the Promoter and Promoter Group were sold to a single entity via a ‘Block Deal.’ This disclosure, made on February 09, 2026, details the transfer of equity between key stakeholders.
Details of the Sellers and Transaction Value
The selling parties included the Promoter, Lloyds Enterprises Limited, and two entities from the Promoter Group: AEON Trading LLP and Lloyds Metals and Minerals Trading LLP. The aggregate sale involved transferring 5,98,52,941 (Five Crore, Ninety-Eight Lakhs, Fifty-Two Thousand, Nine Hundred Forty-One) Equity Shares.
All shares were transacted at a uniform price of Rs. 49.65 each. The total value realized from these sales, combining all three sellers, amounts to approximately Rs. 297,27,19,488.00 (Two Hundred Ninety-Seven Crore, Twenty-Seven Lakhs, Nineteen Thousand, Four Hundred Eighty-Eight Rupees).
The transfer represented a combined dilution of 0.40% (from Lloyds Enterprises Limited) + 2.57% (from AEON Trading LLP) + 3.37% (from Lloyds Metals and Minerals Trading LLP) = 6.34% of the total Equity Share Capital, resulting in a total transfer of 6,34,29,982 shares across the groups. (Note: The individual share counts provided in the original document sum to 5,98,52,941 shares being sold, representing a 6.34% stake reduction by the named sellers, though the specific percentage breakdown in the filing is complex.)
The Purchaser and Resulting Shareholding
The sole purchaser in this block deal was Thriveni Earthmovers Private Limited, which is described as the Investment arm of Mr. Balasubramanian Prabhakaran.
Crucially, following the completion of these transfers, the total shareholding held by Thriveni Earthmovers Private Limited in Lloyds Engineering Works Limited has increased to constitute 9.05% of the Company’s total Equity Share Capital.
Source: BSE
