Sky United LLP Discloses Substantial Acquisition in Lloyds Metals Post Warrant Conversion

1 min read Updated on 02 Jan 2026, 05:20 PM

Reviewed by

Radhika SScanX News Team

Overview

Sky United LLP, a promoter of Lloyds Metals and Energy Limited, disclosed substantial acquisition of 74,99,998 equity shares through warrant conversion at ₹740 per share on December 31, 2025. The conversion increased Sky United's shareholding from 12.47% to 13.49%, while the company's equity share capital rose to ₹54.44 crores from ₹52.91 crores.

*this image is generated using AI for illustrative purposes only.

Sky United LLP, a promoter entity of Lloyds Metals and Energy Limited , has disclosed substantial acquisition of equity shares following the conversion of convertible warrants on December 31, 2025. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Warrant Conversion Details

Sky United LLP converted 74,99,998 convertible warrants into equity shares at an issue price of ₹740 per share, comprising face value of ₹1 and premium of ₹739 per warrant. The conversion was part of the preferential allotment approved by the company's board on December 31, 2025.

Parameter:	Details
Warrants Converted:	74,99,998
Issue Price:	₹740 per share
Face Value:	₹1 per share
Premium:	₹739 per share
Conversion Date:	December 31, 2025

Shareholding Pattern Changes

Following the warrant conversion, Sky United LLP's shareholding in Lloyds Metals has increased significantly. The entity's voting rights percentage has risen from 12.47% to 13.49% of the total share capital.

Shareholding Details:	Before Conversion	After Conversion
Equity Shares Held:	6,59,54,638	7,34,54,636
Voting Rights (%):	12.47%	13.49%
Diluted Shareholding (%):	11.60%	12.92%

Capital Structure Impact

The warrant conversion has resulted in changes to Lloyds Metals' capital structure. The company's equity share capital increased following the allotment of shares to various warrant holders.

Capital Component:	Before Allotment	After Allotment
Equity Share Capital:	₹52,90,90,088	₹54,43,59,038
Number of Shares:	52,90,90,088	54,43,59,038
Diluted Share Capital:	-	₹56,85,68,181

Regulatory Compliance

Sky United LLP filed the disclosure on January 2, 2026, with BSE Limited and National Stock Exchange of India Limited, where Lloyds Metals shares are listed. The disclosure was signed by Hemankur Upadhyaya, Designated Partner of Sky United LLP.

The company had originally allotted 3,67,95,000 convertible warrants to promoters and non-promoter groups, out of which 1,52,68,950 warrants were exercised by warrant holders as of December 31, 2025. Sky United LLP's conversion represents the largest single conversion among all warrant holders.

Historical Stock Returns for Lloyds Metals & Energy

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.33%	-5.37%	-6.92%	-12.01%	+2.38%	+102.52%

Lloyds Metals & Energy

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Crosslink Food and Farms Pledges 1.2% Stake in Lloyds Metals and Energy to Secure Term Loan

1 min read Updated on 02 Jan 2026, 04:11 PM

Reviewed by

Jubin VScanX News Team

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Overview

Crosslink Food and Farms Private Limited pledged 63,62,744 equity shares (1.2% stake) in Lloyds Metals and Energy Limited to Bajaj Finance, Jio Credit, and Tata Capital as security for a term loan availed by Lloyds Enterprises Limited. The pledge was created on December 26, 2025, and disclosed on January 02, 2026, under SEBI SAST Regulations. Crosslink Food and Farms holds 12.41% total stake in the company.

*this image is generated using AI for illustrative purposes only.

Crosslink Food and Farms Private Limited, a promoter of Lloyds Metals & Energy , has pledged 63,62,744 equity shares representing 1.2% of the company's paid-up share capital as security for a term loan. The pledge creation was disclosed to stock exchanges on January 02, 2026, under Regulation 31 of SEBI SAST Regulations.

Pledge Transaction Details

The pledge was created on December 26, 2025, through unattested pledge agreements with three financial institutions. The transaction details are structured as follows:

Lender/Pledgee:	Number of Shares	Transaction Date
Bajaj Finance Limited	13,21,900	December 26, 2025
Jio Credit Limited	13,21,900	December 26, 2025
Tata Capital Limited	37,18,944	December 26, 2025
Total Pledged Shares	63,62,744	December 26, 2025

Security Purpose and Borrower

The pledged shares serve as security for a term loan availed by Lloyds Enterprises Limited, which is also a promoter entity of Lloyds Metals and Energy Limited. Crosslink Food and Farms Private Limited holds a total of 6,55,58,548 equity shares in the target company, representing 12.41% of the total share capital.

Promoter Holdings Overview

The disclosure reveals the complete promoter shareholding structure in Lloyds Metals and Energy Limited. Key promoter holdings include:

Promoter Entity:	Shareholding	Percentage
Thriveni Earthmovers Private Limited	10,00,05,501	18.92%
Crosslink Food and Farms Private Limited	6,55,58,548	12.41%
Sky United LLP	6,59,54,638	12.48%
Lloyds Metals & Minerals Trading LLP	3,57,41,529	6.76%
Lloyds Enterprises Limited	1,57,38,338	2.98%

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) and Regulation 31(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The notification was simultaneously sent to BSE Limited and National Stock Exchange of India Limited, where Lloyds Metals and Energy Limited shares are listed under scrip code 512455 and symbol LLOYDSME respectively.

The pledge creation represents a standard corporate financing arrangement where promoter shares are used as collateral for securing business loans, maintaining the existing ownership structure while providing necessary security to lenders.

Historical Stock Returns for Lloyds Metals & Energy