The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Thriveni Earthmovers Pvt Ltd
LLOYDSENGG · price
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Thriveni Earthmovers Private Limited, which is not part of the promoter/promoter group, acquired 10,57,40,181 equity shares (7.14%) of Lloyds Engineering Works Ltd on 9th February 2026 via a block deal at Rs. 49.65 per share, totaling about Rs. 525 crore. Before this deal, Thriveni held 2,82,20,000 shares (1.91%), and after the acquisition its holding has risen to 13,39,60,181 shares (9.05%) of the company. The disclosure has been filed under Regulation 29(1) of the SEBI Takeover Regulations, 2011, indicating a crossing of the 5% acquisition reporting threshold.
A non-promoter external entity has built a sizeable 9.05% stake in Lloyds Engineering Works, sitting just below the 10% open-offer trigger threshold. This signals strong institutional/strategic interest and could be a precursor to further accumulation toward 10%, potentially drawing increased market attention and volatility in the stock.