Lloyds Metals Promoters File Revised Takeover Disclosure

Lloyds Metals and Energy Limited (LMEL) promoters, including Rajesh Rajnarayan Gupta, have submitted a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This filing pertains to a Non-Disposal Undertaking (NDU) dated August 25, 2026, provided to SBICAP Trustee Company Limited. The NDU is a security arrangement for a Rupee Term Loan Facility availed by the company from the State Bank of India. The NDU restricts the disposal or encumbrance of shares held by the promoters during the loan tenure, while legal and beneficial ownership, voting rights, and dividend entitlements remain with the promoters. The disclosure covers multiple promoters and entities, including Ravi Babulal Agarwal, Mukesh Rajnarayan Gupta, and Thriveni Earthmovers Private Limited.