Lloyds Metals Promoter Madhur Gupta Files Non-Disposal Undertaking

Madhur Rajesh Gupta, a promoter of Lloyds Metals and Energy Limited (LMEL), has filed a disclosure under SEBI regulations regarding a Non-Disposal Undertaking (NDU). This NDU, dated August 25, 2026, was entered into with SBICAP Trustee Company Limited in connection with a Rupee Term Loan Facility availed by LMEL. The undertaking covers 600,000 equity shares, representing 0.11% of the company's total share capital. The shares remain under Madhur Rajesh Gupta's legal and beneficial ownership, with voting rights and dividend entitlements retained, subject to the NDU terms. This is a standard arrangement for financing transactions, not a pledge, and no shares have been transferred to a third-party demat account.