Lloyds Metals Promoter Madhur Rajesh Gupta Enters Non-Disposal Undertaking

Madhur Rajesh Gupta, 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 1.60% of LMEL's equity shares held by Gupta, restricting their disposal during the applicable period. Gupta retains legal and beneficial ownership, voting rights, and entitlement to dividends, with no transfer of shares to a third-party demat account. This is a standard arrangement for financing transactions.