Lloyds Enterprises Ltd Enters Non-Disposal Undertaking for LMEL Shares

Lloyds Enterprises Limited, as a promoter of Lloyds Metals and Energy Limited (LMEL), has entered into a Non-Disposal Undertaking (NDU) with SBICAP Trustee Company Limited. This NDU, dated August 25, 2026, is in connection with a Rupee Term Loan Facility availed by LMEL. The undertaking covers 2,596 equity shares (0.0005%) of LMEL held by Lloyds Enterprises. The shares remain under contractual restrictions for disposal during the loan tenure, but legal and beneficial ownership, voting rights, and dividend entitlements continue with Lloyds Enterprises. This is a standard arrangement for financing transactions and does not involve a pledge or transfer of shares.