SBICAP Trustee Company Limited, in its capacity as Security Trustee, has filed disclosures regarding a Non-Disposal Undertaking for shares of Lloyds Metals & Energy Limited. This undertaking covers 14,80,89,232 shares, representing 26.30% of the total voting capital. The disclosure is made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, concerning the creation of security for lenders.
Disclosure of Share Encumbrance
SBICAP Trustee Company Limited has formally disclosed a Non-Disposal Undertaking concerning shares of Lloyds Metals & Energy Limited. This undertaking, acting as security for lenders, impacts a significant portion of the company’s voting capital.
Key Details of the Undertaking
The disclosure, made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifies that the Non-Disposal Undertaking is in favour of SBICAP Trustee Company Limited as the Security Trustee. The undertaking applies to 14,80,89,232 shares of Lloyds Metals & Energy Limited. This holding represents 26.30% of the total share capital and voting rights of the company. The undertaking was formalized on September 2, 2026.
Pre and Post-Undertaking Shareholding
Prior to this undertaking, the shares classified as encumbered stood at 4,00,00,000 shares, equivalent to 7.10% of the total share capital. Following the creation of the Non-Disposal Undertaking, the total number of shares encumbered by the acquirer is 14,80,89,232 shares, which constitutes 26.30% of the total voting capital.
The total share capital of Lloyds Metals & Energy Limited, as of June 30, 2026, was reported as 56,29,06,951 equity shares of Rs.1/- each, aggregating to Rs. 56,29,06,951/-.
Source: BSE
