Crosslink Food and Farms Private Limited, a promoter of Lloyds Metals and Energy Limited, has created an additional pledge on 26,02,665 equity shares. This action, dated January 23, 2026, serves as a top-up of security due to a decline in the market price of existing pledged securities. The shares are pledged in favor of Bajaj Finance Limited, Jio Credit Limited, and Tata Capital Limited.
Additional Share Pledge
Crosslink Food and Farms Private Limited, acting as a promoter for Lloyds Metals and Energy Limited (“TC”), has entered into agreements to pledge additional equity shares. The action was executed on January 23, 2026.
Details of the Pledge
In total, 26,02,665 equity shares of the Target Company were pledged to the lenders, as a top-up of security.
The breakdown of the additional pledge is as follows:
- Bajaj Finance Limited: 540,720 shares
- Jio Credit Limited: 540,720 shares
- Tata Capital Limited: 1,521,225 shares
Reason for Pledge
The additional pledge was triggered by a decrease in the market value of the already pledged securities. This required Crosslink Food and Farms Private Limited to increase the security to comply with loan agreement terms. The original pledge agreements were dated December 26, 2025, covering 63,62,744 equity shares.
Source: BSE
