Lloyds Enterprises Limited has reported the sale of a 0.41% equity stake in its Material Subsidiary, Lloyds Engineering Works Limited (LEWL). A total of 60,34,299 equity shares were sold via a ‘Block Deal’ on February 9, 2026. The transaction value amounted to approximately INR 29.96 crore. Following the sale, the holding of Lloyds Enterprises in LEWL’s equity share capital has reduced to 32.66% of the total voting capital.
Disclosure of Share Disposal
Lloyds Enterprises Limited officially disclosed a transaction involving the disposal of a portion of its shareholding in its Material Subsidiary, Lloyds Engineering Works Limited (LEWL), as required under relevant securities regulations. The disclosure was made on February 11, 2026, detailing a sale executed on February 9, 2026.
Transaction Details
The details of the sale are summarized as follows:
- Shares Sold: 60,34,299 fully paid-up equity shares of LEWL.
- Transaction Type: Sale executed through a “Block Deal”.
- Acquirer: The shares were sold to Thriveni Earthmovers Private Limited, which acts as the investment arm of Mr. Balasubramanian Prabhakaran.
- Sale Consideration: The shares were sold at Rs. 49.65 each, totaling INR 29,96,02,945.35/- (Twenty-Nine Crores Ninety-Six Lakhs Two Thousand Nine Hundred and Forty-Five Rupees and Thirty-Five Paise only).
- Impact on Capital: This disposal represents a decrease of 0.41% in the total equity share capital of LEWL.
Shareholding Post-Transaction
Prior to the sale, Lloyds Enterprises Limited held 48,93,61,021 shares, representing 33.06% of the total voting capital. After the completion of the disposal:
- Shares Held: The post-sale holding stands at 48,33,26,722 shares carrying voting rights.
- Resulting Stake: This new holding equates to 32.66% of the total share capital and 32.55% of the total diluted share/voting capital of LEWL.
Capital Structure Context
The total equity share capital of Lloyds Engineering Works Limited before and after the transaction was reported as INR 1,48,00,82,086, comprising a mix of fully paid-up and partly paid-up shares. The total diluted capital after the transaction reflects an increase to INR 1,48,49,97,782, accounting for potential conversions of outstanding instruments.
Source: BSE
