Thriveni Earthmovers Private Limited, a promoter of Lloyds Metals and Energy Limited, has released a pledge on 28,30,737 equity shares (0.54% of the paid-up share capital) of Lloyds Metals. The release of the pledge, in favor of Axis Finance Limited, is effective from December 24, 2025. This information is disclosed under Securities and Exchange Board of India regulations.
Release of Pledge on Equity Shares
A promoter of Lloyds Metals and Energy Limited, namely Thriveni Earthmovers Private Limited, has released a pledge on a portion of its equity shareholding in the company. This move involves a specific number of shares and has implications for the overall share capital structure.
Details of the Share Release
Specifically, 28,30,737 equity shares of Lloyds Metals and Energy Limited, constituting approximately 0.54% of the company’s total paid-up share capital, have had their pledge released. The pledge was in favor of Axis Finance Limited, and the release became effective on December 24, 2025. This change modifies the previously encumbered shareholding of the promoter.
Impact on Promoter Holding
Prior to the release, 4,14,07,921 shares (7.83% of total share capital) were encumbered. Following the release, the encumbered shares now total 3,85,77,184, representing 7.30% of the total share capital. The release was executed as a collateral security arrangement for a term loan. The total number of shares held by Thriveni Earthmovers Private Limited remains at 10,00,05,501 which accounts for 18.92% of the total share capital.
Source: BSE
