LLOYDS METALS & MINERALS TRADING LLP announced the sale of 4,98,52,941 Equity Shares of Lloyds Engineering Works Limited (LEWL) on February 9, 2026, via a ‘Block Deal’. The total transaction value amounted to ₹247.51 crore. This disposal represented 3.37% of LEWL’s total equity share capital, executed through its investment arm, Thriveni Earthmovers Private Limited.
Disclosure of Substantial Share Disposal
LLOYDS METALS & MINERALS TRADING LLP has formally disclosed a transaction involving the disposal of equity shares in Lloyds Engineering Works Limited (“LEWL”). This disclosure is made under the relevant regulations concerning substantial acquisition and takeover of shares.
The seller entity, LLOYDS METALS & MINERALS TRADING LLP, sold a total of 4,98,52,941 Equity Shares. This quantity constitutes 3.37% of the total equity share capital of LEWL.
Transaction Details and Value
The shares were sold at a price of Rs. 49.65 each. The aggregate value of the disposal reached Rs. 247,51,98,520.65 (Two Hundred and Forty-Seven Crores Fifty-One Lakhs Ninety-Eight Thousand Five Hundred and Twenty Rupees and Sixty-Five Paise).
The transaction was executed as a “Block Deal”, with the buyer being Thriveni Earthmovers Private Limited, the investment arm of Mr. Balasubramanian Prabhakaran.
The date of acquisition/sale of shares was 09th February, 2026.
Holding Position Before and After Sale
Prior to this sale consideration, the holding of LLOYDS METALS & MINERALS TRADING LLP (including Persons Acting in Concert) in LEWL’s voting rights was 7.99% (representing 11,82,76,101 shares).
Following the disposal of 4,98,52,941 shares, the resulting holding in the shares carrying voting rights stands at 4.62% (totaling 6,84,23,160 shares).
Capital Structure Context
The total equity share capital of the Target Company (LEWL) before the sale was INR 1,48,00,82,086 (based on shares of Re. 1/- each). The total diluted share/voting capital after the transaction stands at INR 1,48,49,97,782.
Source: BSE
