Lloyds Metals and Energy Promoter Increases Stake via Warrant Conversion

Lloyds Metals and Energy announced that Sky United LLP, belonging to the Promoter category, increased its stake. Sky United LLP converted warrants, acquiring 7,499,998 equity shares, and increasing their total shareholding to 734,546,636 equity shares as of December 31, 2025. This conversion reflects a continued investment by the Promoter group in Lloyds Metals and Energy.

Promoter Stake Increase

Sky United LLP, classified under the Promoter category for Lloyds Metals and Energy, has increased its holdings in the company. This change occurred through the conversion of warrants into equity shares.

Details of Acquisition

Prior to the conversion, Sky United LLP held 659,546,638 equity shares. Following the conversion of warrants, the company was allotted 7,499,998 new equity shares. This conversion occurred on December 31, 2025, arising from the conversion of warrants at a premium of ₹739 per warrant.

Post-Acquisition Holdings

After the preferential allotment, Sky United LLP now holds a total of 734,546,636 equity shares in Lloyds Metals and Energy. This represents 13.49% of the company’s total share capital and 12.92% of the diluted share capital.

Breakdown of Shareholding

The acquisition represents 1.38% of the total share/voting capital, wherever applicable, and 1.32% of the total diluted share/voting capital of the company.

Additional Warrants

The company allotted 36,795,000 Convertible Warrants to the Promoters and Non-Promoters group. Out of these, 15,268,950 warrants were opted to exercise by the warrant holders as of December 31st, 2025.

Source: BSE

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