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.

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.

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.

Crosslink Food and Farms Private Limited, a promoter of Lloyds Metals & Energy Limited, has created an additional pledge of 26,02,665 equity shares of the target company on January 23, 2026. The pledge was executed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Additional Pledge Creation Details

The additional pledge was necessitated due to a decline in market price of previously pledged securities, which resulted in the actual security cover falling below the stipulated threshold. This triggered the requirement for top-up of security as per the terms of the loan agreement.

Lender-wise Distribution

The additional pledged shares have been distributed among three financial institutions as security for the term loan availed by Lloyds Enterprises Limited.

Promoter Shareholding Position

Following the additional pledge creation, Crosslink Food and Farms Private Limited's total encumbered shareholding in Lloyds Metals and Energy Limited has increased significantly.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 31(1) and Regulation 31(2) of SEBI (SAST) Regulations, 2011. The company has informed both BSE Limited (Scrip Code: 512455) and National Stock Exchange of India Limited (Symbol: LLOYDSME) about the pledge creation. The initial pledge of 63,62,744 equity shares was created on December 26, 2025, through unattested pledge agreements with the same lenders.