Shareholding27 Jun 2026, 01:00 pm
Lloyds Metals promoter releases 7.8 lakh shares pledged with Bajaj Finance
AI Summary
Thriveni Earthmovers Pvt Ltd, a promoter of Lloyds Metals and Energy Ltd, has released a pledge on 7,80,000 equity shares (0.14% of paid-up capital) held in the company. This release, effective June 24, 2026, was 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 Bajaj Finance Limited. The pledge was originally established via an Unattested Share Pledge Agreement dated December 26, 2025.
Key Highlights
- Promoter Thriveni Earthmovers released 7.8 lakh shares of Lloyds Metals.
- Release is due to excess collateral from increased market value.
- Shares were pledged with Bajaj Finance for Sky United LLP's loan.
- This action impacts 0.14% of the company's paid-up share capital.
Price Impact
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