Promoter releases pledge on 6 lakh shares in Lloyds Metals & Energy
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































