StockWatch
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Industrial Products
Shareholding26 Aug 2026, 12:10 pm

Lloyds Enterprises Releases 1.75 Cr Shares of Lloyds Engineering Works

AI Summary

Lloyds Enterprises Limited, a promoter of Lloyds Engineering Works Limited, has announced the release of a pledge on 1,75,00,000 equity shares of the target company. This action was taken pursuant to a Loan Against Securities Agreement with Tata Capital Limited and was effected on August 19, 2026. The disclosure was made to the stock exchanges on August 26, 2026, in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The release is part of prudent financial management while ensuring lender interests are protected. Lloyds Enterprises Limited holds a significant stake in Lloyds Engineering Works Limited.

Key Highlights

  • Promoter Lloyds Enterprises released 1.75 Cr shares of Lloyds Engineering Works.
  • Pledge release was executed on August 19, 2026.
  • Transaction was under a Loan Against Securities Agreement with Tata Capital.
  • Disclosure made as per SEBI SAST Regulations, 2011.
  • Action is part of prudent financial management.