Lloyds Metals & Energy Limited has reported the pledge of its shares by Lloyds Metals & Minerals Trading LLP, a promoter group entity. This action involves 2,00,00,000 shares, representing 3.55% of the total share capital. The pledge was created in favour of SBICAP Trustee Company Limited in its capacity as Security Trustee for lenders. The announcement was made on August 28, 2026, in accordance with SEBI regulations.
Share Pledge Announcement
Lloyds Metals & Energy Limited is the subject of a recent disclosure concerning the pledge of its shares. Lloyds Metals & Minerals Trading LLP, identified as the “Pledgor” and part of the promoter group, has encumbered a significant portion of its holdings. Specifically, 2,00,00,000 equity shares have been pledged. This represents 3.55% of the total share capital of Lloyds Metals & Energy Limited.
Details of the Pledge
The pledge was established on August 27, 2026, and is in favour of SBICAP Trustee Company Limited. The trustee is acting in its capacity as Security Trustee, holding this security for the benefit of lenders to Lloyds Metals & Energy Limited. This arrangement is in accordance with the terms of a loan or credit facility provided to the company. The total number of shares encumbered, both before and after the pledge, remains at 2,00,00,000 shares, constituting 3.55% of the total voting capital.
Regulatory Compliance
This disclosure is made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total equity share capital of the company as of June 30, 2026, was 56,29,06,951 equity shares with a face value of Rs. 1 each. The announcement was communicated to the relevant stock exchanges, BSE and NSE, on August 28, 2026.
Source: BSE