Crosslink Food and Farms Pledges 1.2% Stake in Lloyds Metals and Energy to Secure Term Loan

1 min read     Updated on 02 Jan 2026, 04:11 PM
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Overview

Crosslink Food and Farms Private Limited pledged 63,62,744 equity shares (1.2% stake) in Lloyds Metals and Energy Limited to Bajaj Finance, Jio Credit, and Tata Capital as security for a term loan availed by Lloyds Enterprises Limited. The pledge was created on December 26, 2025, and disclosed on January 02, 2026, under SEBI SAST Regulations. Crosslink Food and Farms holds 12.41% total stake in the company.

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Crosslink Food and Farms Private Limited, a promoter of Lloyds Metals & Energy , has pledged 63,62,744 equity shares representing 1.2% of the company's paid-up share capital as security for a term loan. The pledge creation was disclosed to stock exchanges on January 02, 2026, under Regulation 31 of SEBI SAST Regulations.

Pledge Transaction Details

The pledge was created on December 26, 2025, through unattested pledge agreements with three financial institutions. The transaction details are structured as follows:

Lender/Pledgee: Number of Shares Transaction Date
Bajaj Finance Limited 13,21,900 December 26, 2025
Jio Credit Limited 13,21,900 December 26, 2025
Tata Capital Limited 37,18,944 December 26, 2025
Total Pledged Shares 63,62,744 December 26, 2025

Security Purpose and Borrower

The pledged shares serve as security for a term loan availed by Lloyds Enterprises Limited, which is also a promoter entity of Lloyds Metals and Energy Limited. Crosslink Food and Farms Private Limited holds a total of 6,55,58,548 equity shares in the target company, representing 12.41% of the total share capital.

Promoter Holdings Overview

The disclosure reveals the complete promoter shareholding structure in Lloyds Metals and Energy Limited. Key promoter holdings include:

Promoter Entity: Shareholding Percentage
Thriveni Earthmovers Private Limited 10,00,05,501 18.92%
Crosslink Food and Farms Private Limited 6,55,58,548 12.41%
Sky United LLP 6,59,54,638 12.48%
Lloyds Metals & Minerals Trading LLP 3,57,41,529 6.76%
Lloyds Enterprises Limited 1,57,38,338 2.98%

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) and Regulation 31(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The notification was simultaneously sent to BSE Limited and National Stock Exchange of India Limited, where Lloyds Metals and Energy Limited shares are listed under scrip code 512455 and symbol LLOYDSME respectively.

The pledge creation represents a standard corporate financing arrangement where promoter shares are used as collateral for securing business loans, maintaining the existing ownership structure while providing necessary security to lenders.

Historical Stock Returns for Lloyds Metals & Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%-1.92%+10.58%-14.65%+6.79%+139.45%
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Lloyds Metals Reports Strong 9MFY26 Performance with 50% Iron Ore Growth

2 min read     Updated on 01 Jan 2026, 03:04 PM
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Reviewed by
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Overview

Lloyds Metals and Energy has delivered outstanding operational results for 9MFY26, with iron ore production surging 50% to 12.9 million tonnes, already exceeding the previous year's annual output. The company's diversified production portfolio showed strong growth across segments, with DRI production increasing 22% to 291,099 tonnes and the pellet plant achieving optimal utilization rates above 95%.

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Lloyds Metals and Energy has released its operational update for 9MFY26 under Regulation 30, demonstrating exceptional performance across all key production segments. The integrated metal and mining company, which operates one of the country's largest single-location iron ore mines at Surjagarh, has achieved significant milestones that underscore its operational excellence and strategic execution.

Outstanding Iron Ore Production Performance

The company's iron ore segment delivered remarkable results during 9MFY26, with production volumes significantly exceeding previous year performance. The operational achievements are highlighted in the following table:

Production Segment: 9MFY26 9MFY25 Growth Rate
Iron Ore: 12.9 million tonnes 8.5 million tonnes +50% YoY
DRI Production: 291,099 tonnes 238,433 tonnes +22% YoY
Pellet Production: 1.95 million tonnes - New capacity
BHQ: 4.5 million tonnes - Additional reserves

The iron ore production of 12.9 million tonnes for 9MFY26 has already surpassed the entire annual production of the previous financial year. Notably, Q3 FY26 volumes alone reached 5.5 million tonnes, representing a substantial 110% year-on-year increase, supported by robust on-site mining activities and the commissioning of the slurry pipeline for more efficient evacuation.

Value-Added Products Drive Growth

The company's Direct Reduced Iron production reached 291,099 tonnes during 9MFY26, compared to 238,433 tonnes in the corresponding previous period, marking a 22% growth. This performance was significantly enhanced by the commissioning of the new 360 KTPA DRI facility at Ghugus during Q2 FY26, which contributed to Q3 FY26 DRI production being 61% higher year-on-year.

The 4 MTPA pellet plant has demonstrated exceptional operational efficiency, producing 1.95 million tonnes in 9MFY26. This translates to an annualised capacity utilisation of more than 95%, indicating optimal facility performance and strong market demand for pelletized products.

Infrastructure and Operational Excellence

Lloyds Metals and Energy operates from its expanded Environmental Clearance capacity of 55 million tonnes per annum at Surjagarh, Gadchiroli district. The company has successfully commissioned an 85 km slurry pipeline from Hedri to Konsari, significantly strengthening its logistics integration and supporting the improved evacuation capabilities that contributed to the strong Q3 performance.

The company's DRI manufacturing capacity now stands at 700,000 TPA spread across two locations in Maharashtra. The mined ore excludes 4.5 million tonnes of BHQ, which the company plans to process once the beneficiation plants are commissioned, representing additional future production potential.

Strategic Market Position

As the largest merchant iron ore miner in Maharashtra and a leading integrated metal and mining company incorporated in 1977, Lloyds Metals and Energy continues to leverage its strategic mine location advantages. The company caters to key steel and industrial markets across India, reinforcing its position as a vital contributor to the country's steel value chain through its focus on sustainability, innovation, and cost leadership.

Historical Stock Returns for Lloyds Metals & Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.27%-1.92%+10.58%-14.65%+6.79%+139.45%
Lloyds Metals & Energy
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