StockWatch
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Sponge Iron
Shareholding4 Sept 2026, 06:01 pm

Lloyds Metals: SBICAP Trustee Discloses Share Encumbrance

AI Summary

SBICAP Trustee Company Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the creation of a Non-Disposal Undertaking (NDU) over shares of Lloyds Metals & Energy Limited. The NDU has been created by Thriveni Earthmovers Private Limited, Lloyds Enterprises Limited, Madhur Rajesh Gupta, and Shreekrishna M Gupta in favour of SBICAP Trustee as Security Trustee for the benefit of lenders to Lloyds Metals & Energy Limited. This filing indicates an encumbrance on approximately 19.20% of the company's shares.

Key Highlights

  • SBICAP Trustee filed a SEBI takeover regulation disclosure.
  • Non-Disposal Undertaking created over Lloyds Metals shares.
  • NDU is security for lenders to Lloyds Metals & Energy.
  • Encumbrance affects 19.20% of the company's share capital.
  • Disclosure pertains to shareholding and security arrangements.