StockWatch
·
Sponge Iron
Shareholding29 Aug 2026, 05:20 pm

Lloyds Metals Promoter Pledges 2 Cr Shares for Financial Assistance

AI Summary

Lloyds Metals & Minerals Trading LLP, a promoter of Lloyds Metals and Energy Limited, has pledged 2,00,00,000 equity shares (3.55% of total share capital) in favor of SBICAP Trustee Company Limited. This pledge, effective August 27, 2026, secures financial assistance availed by the borrower. The disclosure was made on August 29, 2026, in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The promoter's total holding before this pledge was 6.35% of the total share capital.

Key Highlights

  • Promoter pledged 2 crore equity shares of Lloyds Metals and Energy.
  • Pledge is for securing financial assistance from SBICAP Trustee.
  • Disclosure made under SEBI SAST Regulations, 2011.
  • Pledged shares represent 3.55% of total share capital.
  • Promoter's pre-pledge holding was 6.35%.