Lloyds Engineering Works announced that Mrs. Bela Rajan ceased to be a Non-Executive Independent Director on August 31, 2026. She completed her second consecutive five-year term with the company.

The Board of Directors and management expressed gratitude for her contributions, guidance, and stewardship during her tenure. The cessation took effect from the closure of business hours on the specified date.

Regulatory Disclosure

The company filed the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure was made in compliance with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Director Details

Rahima Shaikh, Company Secretary and Compliance Officer, signed the filing. The disclosure confirmed that no relationships between directors required reporting for this specific change.

Thriveni Earthmovers Private Limited pledged 7,734,594 equity shares of Lloyds Engineering Works to Tata Capital Limited on August 28, 2026. The encumbrance represents 0.50% of the listed company’s total equity share capital.

The pledge was created to address a shortfall in the stipulated security cover arising from a decline in the market price of Lloyds Engineering Works’ equity shares. This action aligns with the terms of an Unattested Share Pledge Agreement dated August 13, 2026.

Transaction Details

The pledge secures a financial facility availed by Streamland Estate LLP. The agreement involves Thriveni Earthmovers as the pledgor, Tata Capital as the lender, and Streamland Estate LLP as the borrower.

Holding Structure

Following this transaction, Thriveni Earthmovers holds a total of 13,39,60,181 shares in Lloyds Engineering Works, representing 8.64% of the total voting capital. Of this holding, 6,77,34,594 shares are now encumbered by way of pledge, accounting for 4.37% of the total stake.

There was no acquisition or disposal of shares involved in this transaction; it relates solely to the creation of an encumbrance. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.