Thriveni Earthmovers Releases Pledge on 51,65,000 Lloyds Metals Shares
Thriveni Earthmovers Private Limited released a pledge on 51,65,000 equity shares of Lloyds Metals and Energy Limited, representing 0.95% of paid-up capital, held with Bajaj Finance Limited effective January 28, 2026. This reduced the company's encumbered shareholding to 3,29,10,892 shares (6.04%) while maintaining total holding of 10,00,05,501 shares (18.37%).

*this image is generated using AI for illustrative purposes only.
Thriveni Earthmovers Private Limited has released a pledge on 51,65,000 equity shares of lloyds metals & energy Limited, representing 0.95% of the company's paid-up share capital. The disclosure was made to BSE Limited and National Stock Exchange of India Limited on February 2, 2026, in compliance with SEBI takeover regulations.
Pledge Release Details
The pledge release involves 51,65,000 equity shares of Lloyds Metals and Energy Limited held with Bajaj Finance Limited. The transaction was executed under an Unattested Pledge Agreement dated August 21, 2024, between Thriveni Earthmovers Private Limited as the pledgor and borrower, and Bajaj Finance Limited as the pledgee and lender.
| Parameter: | Details |
|---|---|
| Released Shares: | 51,65,000 equity shares |
| Percentage of Capital: | 0.95% |
| Pledgee: | Bajaj Finance Limited |
| Effective Date: | January 28, 2026 |
| Purpose: | Collateral security for term loan |
Updated Encumbrance Position
Following this pledge release, Thriveni Earthmovers' encumbered shareholding in Lloyds Metals and Energy has decreased significantly. The company's total encumbered shares now stand at 3,29,10,892, representing 6.04% of the total share capital, compared to the previous encumbered holding of 3,80,75,892 shares.
| Shareholding Details: | Current Position |
|---|---|
| Total Holding: | 10,00,05,501 shares (18.37%) |
| Previously Encumbered: | 3,80,75,892 shares |
| Released Shares: | 51,65,000 shares (0.95%) |
| Current Encumbered: | 3,29,10,892 shares (6.04%) |
Promoter Group Holdings
The disclosure provides a comprehensive view of other promoter group holdings in Lloyds Metals and Energy. Key promoter entities include Crosslink Food and Farms Private Limited holding 6,55,58,548 shares (12.04%) with 89,65,409 shares (1.65%) encumbered, Sky United LLP with 7,34,54,636 shares (13.49%), and Lloyds Metals and Minerals Trading LLP holding 3,57,41,529 shares (6.57%).
Individual promoters include Ravi Agarwal with 1,19,07,240 shares (2.19%), Madhur Rajesh Gupta holding 96,00,000 shares (1.76%), and Shreekrishna M Gupta with 96,02,000 shares (1.76%). Most other promoter entities currently have no encumbered shares.
Regulatory Compliance
The disclosure was made pursuant to Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Riya Jain, Company Secretary of Thriveni Earthmovers Private Limited, signed the disclosure document on behalf of the company from Mumbai on February 2, 2026.
Historical Stock Returns for Lloyds Metals & Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.93% | -7.79% | -8.27% | -18.26% | -0.93% | +100.14% |

































