Shareholding2 Sept 2026, 05:01 pm
Lloyds Metals Promoter Releases 0.06% Shares from Pledge
AI Summary
Thriveni Earthmovers Pvt Ltd, a promoter of Lloyds Metals and Energy Ltd, has released a pledge on 3,57,527 equity shares (0.06% of paid-up share capital). This release is due to an increase in the market value of the pledged shares, which served as collateral for financial assistance availed by Sky United LLP from Jio Credit Limited. The pledge was released on August 28, 2026, as per an agreement dated December 26, 2025. This action indicates a reduction in the promoter's pledged holdings.
Key Highlights
- Promoter Thriveni Earthmovers released 0.06% of Lloyds Metals shares from pledge.
- Release is due to excess collateral from increased market value.
- Shares were pledged for Sky United LLP's financial assistance.
- Pledge release effective August 28, 2026.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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