Thriveni Earthmovers Private Limited has disclosed the creation of a share pledge involving its equity holdings in Lloyds Metals & Energy Limited. The disclosure was made pursuant to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Share Pledge Details

The promoter entity has pledged 5,40,720 equity shares of Lloyds Metals & Energy Limited to Bajaj Finance Limited as security for a term loan. This pledge represents 0.10% of the company's paid-up share capital and was created through an Unattested Share Pledge Agreement dated December 26, 2025.

Updated Encumbrance Position

Following this latest pledge, Thriveni Earthmovers' encumbered shareholding in Lloyds Metals & Energy has increased significantly. The company's total encumbered shares now stand at 3,87,00,558, representing 7.11% of the total share capital, compared to the previous encumbered holding of 3,81,59,86 shares (7.01%).

Regulatory Compliance

The disclosure was submitted to both BSE Limited (Scrip Code: 512455) and National Stock Exchange of India Limited on January 29, 2026. The document was signed by Riya Jain, Company Secretary of Thriveni Earthmovers Private Limited (ICSI M. No. A76944), ensuring compliance with regulatory requirements for promoter share encumbrance disclosures.

The pledge arrangement demonstrates the interconnected nature of the promoter group's financial activities, with Sky United LLP being the actual borrower while Thriveni Earthmovers provides the share security through Bajaj Finance Limited.

Thriveni Earthmovers Private Limited has released a pledge on 18,92,572 equity shares of Lloyds Metals and Energy Limited, representing 0.35% of the company's paid-up share capital. The pledge release was executed in favour of STCI Finance Limited with effect from January 20, 2026.

Pledge Release Details

The pledge release was conducted pursuant to an Unattested Pledge Agreement dated September 19, 2024, entered between Thriveni Earthmovers Private Limited as the pledgor/borrower and STCI Finance Limited as the pledgee/lender. The shares were originally pledged as collateral security for a term loan availed by Thriveni Earthmovers.

Impact on Shareholding Pattern

Following the pledge release, Thriveni Earthmovers' encumbered shareholding in Lloyds Metals and Energy has been reduced. The company continues to hold 10,00,05,501 equity shares, representing 18.37% of the total share capital of the target company.

Regulatory Compliance

The disclosure was made on January 28, 2026, to both BSE Limited and National Stock Exchange of India Limited, where Lloyds Metals and Energy shares are listed. The communication was signed by Riya Jain, Company Secretary of Thriveni Earthmovers Private Limited, in compliance with Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Promoter Group Holdings

The disclosure also provided details of other promoter group entities' shareholdings in Lloyds Metals and Energy. Key promoter holdings include Crosslink Food and Farms Private Limited with 6,55,58,548 shares (12.04%) and Sky United LLP with 7,34,54,636 shares (13.49%). Among these, Crosslink Food and Farms Private Limited has 63,62,744 shares (1.12%) under encumbrance, while other promoter entities maintain unencumbered holdings.