Lloyds Metals & Minerals Trading LLP, a promoter of Lloyds Metals and Energy Limited, has pledged 2,00,00,000 equity shares. This action was taken on August 25, 2026, as security for financial assistance availed by the borrower. The pledge is effective from August 27, 2026, and has been disclosed to the stock exchanges as per SEBI regulations.
Promoter Pledges Significant Equity Holding
Lloyds Metals & Minerals Trading LLP (the “LLP”), a promoter of Lloyds Metals and Energy Limited (the “Target Company”), has created an encumbrance on a substantial portion of its shareholding. Pursuant to an Unattested Deed of Pledge executed on August 25, 2026, the LLP has pledged 2,00,00,000 equity shares of the Target Company in favour of SBICAP Trustee Company Limited.
Details of the Encumbrance
This pledge has been made towards securing financial assistance availed by the Borrower. The encumbrance is effective from August 27, 2026. As per the disclosure, the LLP held 3,57,41,529 shares, representing 6.35% of the total share capital, before this pledge. Post-pledge, 2,00,00,000 shares are encumbered, representing 3.55% of the total share capital.
Regulatory Compliance
The disclosure has been made in compliance with Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The relevant stock exchanges, BSE Limited and National Stock Exchange of India Limited, have been notified of this development.
Source: BSE
