Thriveni Earthmovers releases pledge on 18.93 lakh equity shares of Lloyds Metals and Energy
Thriveni Earthmovers Private Limited released a pledge on 18,92,572 equity shares (0.35%) of Lloyds Metals and Energy Limited in favour of STCI Finance Limited, effective January 20, 2026. The release was pursuant to an Unattested Pledge Agreement dated September 19, 2024, with shares originally pledged as collateral for a term loan. Following this release, Thriveni Earthmovers' total encumbered shareholding reduced from 4,25,29,929 shares (7.81%) to 4,06,37,357 shares (7.46%), while maintaining its overall holding of 10,00,05,501 shares (18.37%) in the target company.

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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.
| Parameter: | Details |
|---|---|
| Shares Released: | 18,92,572 equity shares |
| Percentage of Capital: | 0.35% |
| Effective Date: | January 20, 2026 |
| Pledgee: | STCI Finance Limited |
| Original Agreement Date: | September 19, 2024 |
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.
| Shareholding Status: | Before Release | After Release |
|---|---|---|
| Total Holding: | 10,00,05,501 shares (18.37%) | 10,00,05,501 shares (18.37%) |
| Encumbered Shares: | 4,25,29,929 shares (7.81%) | 4,06,37,357 shares (7.46%) |
| Released Shares: | - | 18,92,572 shares (0.35%) |
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.
Historical Stock Returns for Lloyds Metals & Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.75% | -2.13% | -16.63% | -24.08% | -11.78% | +102.73% |


































