Lloyds Enterprises Releases Pledge of 2.3 Crore Shares or 4.8% in Lloyds Engineering Works

Lloyds Engineering Works Limited promoter Lloyds Enterprises Limited has released a pledge of 2,30,00,000 equity shares, representing 4.8% of the total share capital, following a Loan Against Securities Agreement with Tata Capital Limited. The release of pledge was effected on June 16, 2026, reducing the promoter's encumbered holding to 6,60,00,000 shares, which represents 13.65% of the total share capital held by the promoter.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited on June 22, 2026, in compliance with Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing confirmed that the release of pledged shares was undertaken to align with prudent financial management while ensuring the lender's interests remain fully protected.

Lloyds Enterprises Limited holds a total of 48,33,26,722 shares in the target company, accounting for 32.66% of the total share capital. Prior to this release, the promoter had 8,90,00,000 shares encumbered, representing 18.41% of its total shareholding.

Shareholding Details

The following table outlines the changes in the encumbrance status of shares held by Lloyds Enterprises Limited:

Promoter Name:	Lloyds Enterprises Limited
Total Shares Held:	48,33,26,722
% of Total Share Capital:	32.66%
Pre-event Encumbered Shares:	8,90,00,000
% of Total Share Held (Pre-event):	18.41%
Event Type:	Release
Date of Event:	June 16, 2026
Shares Released:	2,30,00,000 (4.8% of total share capital)
Post-event Encumbered Shares:	6,60,00,000
% of Total Share Held (Post-event):	13.65%

The entity in whose favor the shares were previously encumbered was Tata Capital Limited. The release reduces the percentage of shares pledged against the total shares held by the promoter from 18.41% to 13.65%.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.91%	-3.17%	+22.40%	+49.94%	+43.84%	+2,219.95%

Lloyds Engineering Works has scheduled a board meeting for June 18, 2026, to consider the issuance of equity shares on a preferential basis. The company intends to seek approval for the allotment in accordance with the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The proposed issuance is subject to necessary regulatory and statutory approvals, as well as the consent of the shareholders.

The meeting will be held pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. In addition to the preferential allotment, the board will consider any other matters with the permission of the chair.

Consequently, the trading window for designated persons and their relatives has been closed from June 15, 2026. This restriction will remain in effect until 48 hours after the announcement regarding the board meeting is made available to the public on June 18, 2026. The closure is in line with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct.

Key Meeting Details

Detail	Information
Meeting Date	June 18, 2026
Agenda	Preferential allotment of equity shares
Trading Window Closure	June 15, 2026 to 48 hours post-announcement

The preferential allotment requires the approval of shareholders, indicating a potential change in the company's equity structure. The board's decision will be contingent upon compliance with the applicable legal and regulatory framework.