Lloyds metals & energy has announced the establishment of a fully-owned subsidiary in Maharashtra, marking a significant expansion in the state with a planned investment of ₹252 crore. The new subsidiary represents the company's strategic focus on human capital development and skill enhancement initiatives.

Investment Details

The company's investment framework for the Maharashtra subsidiary encompasses multiple development areas:

Program Initiatives

The subsidiary will concentrate on four key program areas designed to enhance human capital and economic development:

• Skills Development Programs: Comprehensive training initiatives to enhance technical and professional capabilities
• Leadership Training: Programs focused on developing leadership competencies and management skills
• Entrepreneurship Initiatives: Support systems and training for entrepreneurial ventures and business development
• Job-Linked Programs: Employment-focused training and placement initiatives connecting skills with market opportunities

Strategic Significance

The establishment of this subsidiary in Maharashtra positions Lloyds Metals and Energy to leverage the state's industrial ecosystem and skilled workforce. The ₹252 crore investment demonstrates the company's commitment to expanding its operational footprint while contributing to skill development and employment generation in the region.

This initiative aligns with broader industry trends toward investing in human capital development and creating sustainable employment opportunities through targeted training and entrepreneurship programs.

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.