Lloyds Metals Promoter Rajesh Gupta Files NDU for 0.11% Shares

Rajesh Rajnarayan Gupta, a promoter of Lloyds Metals and Energy Limited (LMEL), has filed a disclosure under SEBI regulations regarding a Non-Disposal Undertaking (NDU) on 602,820 equity shares, representing 0.11% of the company's capital. This NDU was entered into on August 25, 2026, with SBICAP Trustee Company Limited as part of financing arrangements for a Rupee Term Loan Facility availed by LMEL. The shares remain under Gupta's legal and beneficial ownership, with voting rights and dividend entitlements intact, subject to the NDU's terms. This action is a customary arrangement for financing and does not involve a transfer of shares or creation of a pledge.