Promoter releases pledge on 6 lakh shares in Lloyds Metals & Energy

1 min read     Updated on 10 Jul 2026, 08:43 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Crosslink Food and Farms Private Limited released a pledge on 6,00,000 equity shares of Lloyds Metals and Energy Limited on July 3, 2026, in favor of Jio Credit Limited. This action reduced the promoter's encumbered holding to 61,65,409 shares, or 9.40% of its total shareholding. The disclosure was filed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Crosslink Food and Farms Private Limited, a promoter of lloyds metals & energy , has released the pledge on 6,00,000 equity shares in favor of Jio Credit Limited. The transaction, executed on July 3, 2026, reduces the promoter's encumbered shareholding. This disclosure was made to BSE Limited and National Stock Exchange of India Limited under Regulation 31(1) and Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The release of pledged shares was undertaken in line with prudent financial management, ensuring the lender's interests remain fully protected. Prior to this transaction, Crosslink Food and Farms Private Limited held 67,65,409 encumbered shares, representing 10.32% of its total shareholding in the company.

Details of Pledge Release

The following table outlines the specifics of the transaction:

Name of the Target Company Name of the Lender/Pledgee Number of Equity Shares Date of Transaction Type of Transaction
Lloyds Metals and Energy Limited Jio Credit Limited 6,00,000 July 3, 2026 Release of Pledge

Post-Transaction Shareholding

Following the release, the promoter's total shareholding in Lloyds Metals and Energy Limited remains at 6,55,58,548 shares, which constitutes 11.65% of the total share capital. The number of shares remaining encumbered stands at 61,65,409, accounting for 9.40% of the total share held by the promoter.

The disclosure was signed by Ravi Agarwal, Director of Crosslink Food and Farms Private Limited, on July 10, 2026.

Historical Stock Returns for Lloyds Metals & Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%+4.47%+3.74%+48.06%+24.06%+225.58%

Does this pledge release indicate a strategic shift in Crosslink Food and Farms' leverage or financial planning?

Will the promoter continue to release the remaining 61,65,409 encumbered shares in the near future?

How might the reduction in pledged shares impact investor confidence and the stock's liquidity?

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Lloyds Metals Raises Stake in Hexa Energy MH3 to 29.72%

1 min read     Updated on 04 Jul 2026, 03:45 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Lloyds Metals and Energy Limited raised its stake in Hexa Energy MH3 Private Limited to 29.72% by subscribing to 22,340 equity shares on July 4, 2026, for a total consideration of Rs 3,14,99,400. This brings the company's aggregate holding to 44,681 equity shares, following earlier agreements to subscribe to at least 26% of the target company's paid-up equity share capital.

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Lloyds Metals and Energy Limited has increased its shareholding in Hexa Energy MH3 Private Limited to 29.72% through a fresh subscription of equity shares. On July 4, 2026, the company subscribed to 22,340 equity shares, representing a 12.27% stake in the issued and paid-up equity share capital of Hexa MH3. The total consideration for this acquisition was Rs 3,14,99,400. With this latest investment, the aggregate holding of Lloyds Metals and Energy Limited in Hexa MH3 stands at 44,681 equity shares. The move follows earlier intimations dated May 30, 2025, and June 27, 2025, regarding the investment and execution of agreements to subscribe to at least 26% of the target company's paid-up equity share capital.

Transaction Details

The acquisition was executed pursuant to Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The specific details of the transaction are outlined below:

Particulars: Details
Target Company Hexa Energy MH3 Private Limited
Date of Subscription July 4, 2026
Shares Subscribed 22,340 equity shares
Stake Acquired 12.27%
Total Consideration Rs 3,14,99,400
Post-Transaction Holding 44,681 equity shares (29.72%)

The company confirmed that the information is available on its official website. The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited by Akshay Pankaj Vora, Company Secretary.

Historical Stock Returns for Lloyds Metals & Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%+4.47%+3.74%+48.06%+24.06%+225.58%

What strategic benefits does Lloyds Metals anticipate from this increased stake in Hexa Energy MH3?

Will Lloyds Metals consider further increasing its shareholding in Hexa Energy MH3 in the future?

How might this investment impact Lloyds Metals' financial performance and growth prospects?

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