Shareholding5 Sept 2026, 03:01 pm
Lloyds Metals: Thriveni Earthmovers Releases 8 Lakh Shares from Pledge
AI Summary
Thriveni Earthmovers Private Limited (TEMPL), a promoter of Lloyds Metals and Energy Limited, has released a pledge on 8,00,000 equity shares (0.14% of paid-up share capital) held in the target company. This release, effective September 2, 2026, was due to an increase in the market value of the pledged shares, which served as excess collateral for financial assistance availed by Sky United LLP. The pledge was originally made to Aditya Birla Capital Limited. Following this release, TEMPL's promoter holding remains significant.
Key Highlights
- Thriveni Earthmovers released 8 lakh shares from pledge.
- Release is due to excess collateral from increased market value.
- Pledge was originally for Sky United LLP's financial assistance.
- Aditya Birla Capital Limited was the pledgee.
- This is a promoter shareholding disclosure event.
Price Impact
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