Shareholding19 Jun 2026, 10:34 am
Lloyds Metals Promoter Releases 22 Lakh Shares from Pledge
AI Summary
Crosslink Food and Farms Pvt Ltd, a promoter of Lloyds Metals and Energy Limited, has released 22,00,000 equity shares from pledge. The release pertains to shares pledged with Bajaj Finance Limited (6,00,000 shares on June 10, 2026) and Tata Capital Limited (16,00,000 shares on June 16, 2026). This action is part of prudent financial management while ensuring lender interests are protected. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter Crosslink Food and Farms released 2.2 million shares from pledge.
- Shares were released from Bajaj Finance and Tata Capital.
- The release occurred between June 10 and June 16, 2026.
- Disclosure made under SEBI Takeover Regulations.
- Action aligns with prudent financial management.
Price Impact
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