Lloyds Engineering Works promoter Lloyds Enterprises Limited created a pledge on 1,10,00,000 equity shares on October 7, 2026, securing a ₹40 crore loan facility from Aditya Birla Capital Limited.

The pledge was executed pursuant to an Assignment and Transfer Deed dated September 30, 2026. Aditya Birla Capital Limited agreed to participate as an acceding lender in this specific tranche, which forms part of a larger syndicated arrangement.

Loan Structure and Syndication

The ₹40 crore facility is a component of total sanctioned facilities amounting to ₹219 crore. These broader facilities were established under a Loan Agreement dated August 13, 2026, with Tata Capital Limited acting as the existing lender and arranger. The disclosure was made under Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Holding Details

Following the creation of this new encumbrance, the total number of encumbered shares held by Lloyds Enterprises Limited stands at 12,72,00,000, representing 8.20% of the total share capital. The promoter entity holds a total of 48,33,26,722 shares, constituting 31.16% of the company's equity.

What the Numbers Show

The pledge represents a partial encumbrance strategy rather than a full collateralization of the promoter's stake. With 12,72,00,000 shares now pledged out of a total holding of 48,33,26,722 shares, approximately 26.3% of the promoter's equity is currently encumbered. This leaves a significant unencumbered portion of the holding available for future financing needs or other corporate actions.

Lloyds Engineering Works shareholder Thriveni Earthmovers Private Limited has created a pledge over 1.24 crore equity shares, representing 0.80% of the company's equity share capital. The encumbrance was established in favour of Aditya Birla Capital Limited, effective October 1, 2026.

This transaction involves no acquisition or disposal of shares by the pledgor. Instead, it secures a financial facility availed by Streamland Estate LLP, the borrower. The pledge arises from a loan facility originally granted by Tata Capital Limited, which subsequently sold down a portion of the debt to Aditya Birla Capital Limited.

The agreement is executed under an Unattested Share Pledge Agreement dated September 30, 2026, involving Thriveni Earthmovers Private Limited as the Pledgor, Aditya Birla Capital Limited as the Lender, and Streamland Estate LLP as the Borrower. The disclosure was filed with stock exchanges on October 3, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Impact on Shareholding Structure

Thriveni Earthmovers Private Limited holds 13,39,60,181 equity shares in Lloyds Engineering Works, constituting 8.64% of the total share capital. Prior to this new pledge, 6,77,34,594 shares were already encumbered. The creation of the additional pledge increases the total number of encumbered shares held by Thriveni.

What the Numbers Show

A significant portion of Thriveni's stake in Lloyds Engineering Works is now under encumbrance. Following this transaction, 8,01,34,594 out of the 13,39,60,181 shares held by Thriveni are pledged. This means nearly 60% of Thriveni's total holding in Lloyds Engineering Works is currently encumbered. The remaining unencumbered stake stands at approximately 5.38 crore shares, representing about 3.47% of Lloyds' total equity share capital. This high level of encumbrance indicates that the majority of Thriveni's equity position in Lloyds is being used as collateral for debt obligations related to Streamland Estate LLP.