Lloyds Metals Promoter Creates Non-Disposal Undertaking for Loan

Crosslink Food and Farms Private Limited, a promoter of Lloyds Metals and Energy Ltd (LMEL), has entered into a Non-Disposal Undertaking (NDU) with SBICAP Trustee Company Limited. This NDU covers 5,56,39,683 equity shares, representing 9.88% of LMEL's total share capital. The undertaking is part of the financing arrangements for a Rupee Term Loan Facility availed by LMEL. While the shares are subject to contractual restrictions on disposal, Crosslink Food and Farms retains legal and beneficial ownership, voting rights, and entitlement to dividends. No transfer of shares to a third-party demat account has occurred.