Lloyds Enterprises Sells 0.10% Stake in Material Subsidiary for Rs 10.01 Crore
Lloyds Engineering Works Limited sold 14,20,000 equity shares (0.10% stake) of its material subsidiary, Lloyds Engineering Works Limited (LEWL), to Thriveni Earthmovers Private Limited for Rs 10.01 crore. The transaction occurred on August 5, 2025, at Rs 70.50 per share. Lloyds Enterprises' holding in LEWL decreased from 33.30% to 33.20%. The company disclosed this information to BSE and NSE on September 20, 2025, in compliance with SEBI regulations.

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Lloyds Engineering Works Limited, a prominent player in the Indian engineering sector, has recently made a strategic move by divesting a portion of its stake in its material subsidiary, Lloyds Engineering Works Limited (LEWL). The transaction, which took place on August 5, 2025, involved the sale of 14,20,000 equity shares, representing a 0.10% stake in LEWL.
Transaction Details
The block deal was executed at a price of Rs 70.50 per share, resulting in a total transaction value of Rs 10.01 crore. The buyer of these shares was identified as Thriveni Earthmovers Private Limited, which is known to be the investment arm of Mr. Balasubramanian Prabhakaran.
Impact on Ownership
Following this transaction, Lloyds Enterprises' holding in its material subsidiary has marginally decreased from 33.30% to 33.20%. This slight reduction in ownership maintains Lloyds Enterprises' position as a significant stakeholder in LEWL.
Regulatory Compliance
In adherence to regulatory requirements, Lloyds Enterprises Limited submitted revised disclosure documents to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) on September 20, 2025. This disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Key Points from the Disclosure
- The transaction was completed through the open market.
- Prior to the sale, Lloyds Enterprises held 49,07,81,021 shares in LEWL, representing a 33.30% stake.
- Post-transaction, Lloyds Enterprises' holding stands at 48,93,61,021 shares, equating to a 33.20% stake.
- The total share capital of LEWL remains unchanged at Rs 1,47,40,27,942, consisting of 1,47,40,27,942 shares of Re. 1 each.
Significance of the Transaction
While the sale represents a minor reduction in Lloyds Enterprises' stake in its subsidiary, it demonstrates the company's strategic approach to capital management and portfolio optimization. The transaction with Thriveni Earthmovers Private Limited could potentially lead to new synergies or partnerships in the future.
Investors and market watchers will likely keep a close eye on any further developments or strategic moves by Lloyds Enterprises Limited, as well as the potential implications of Thriveni Earthmovers' increased involvement in LEWL.
Historical Stock Returns for Lloyds Engineering Works
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+5.06% | +4.78% | -5.59% | +14.94% | -9.66% | +9,131.34% |