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.

Lloyds Engineering Works promoter Lloyds Enterprises Limited created an additional pledge over 40,00,000 equity shares in favour of Tata Capital Limited on August 26, 2026.

The disclosure was filed with the Bombay Stock Exchange and the National Stock Exchange of India Limited on August 28, 2026, under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Pledge Details

Lloyds Enterprises Limited entered into a Share Pledge Agreement dated August 13, 2026. The creation of the pledge is linked to the financing arrangements of the company and serves to secure obligations towards the lender.

Promoter Holding Structure

As per the filing, Lloyds Enterprises Limited holds 4,83,32,67,222 shares, representing 31.16% of the total share capital and 30.86% w.r.t diluted share capital.

Prior to this event, the promoter had already encumbered 1,08,500,000 shares (6.99% of total share capital). Following this new pledge, the total post-event holding of encumbered shares stands at 1,12,500,000, which constitutes 7.25% of the total share capital.

Other promoters listed in the disclosure include Ravi Agarwal, Mukesh Rajnarayan Gupta, Renu Rajesh Gupta, Abha Gupta, Rajesh Rajnarayan Gupta, Lloyds Metals and Minerals Trading LLP, and Aeon Trading LLP. None of these entities reported any new encumbrance events in this filing.