The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lloyds Metals & Minerals Trading LLP
LLOYDSENGG · price
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Lloyds Metals & Minerals Trading LLP, part of the promoter group of Lloyds Engineering Works Ltd, sold 4,98,52,941 equity shares (3.37% of equity capital) at Rs. 49.65 per share, aggregating to about Rs. 247.52 crore. The buyer was Thriveni Earthmovers Private Limited, the investment arm of Mr. Balasubramanian Prabhakaran, and the transaction was executed as a block deal on 9th February 2026. Post-sale, the selling entity's holding in the company dropped from 7.99% (11,82,76,101 shares) to 4.62% (6,84,23,160 shares). The disclosure has been made under Regulation 29(2) of SEBI's Takeover Regulations, 2011.
Promoters trimming stake via a block deal could create short-term supply-side pressure on the stock, though the price was set at a negotiated level. The selling entity remains part of the promoter group at 4.62%, so there is no change in management control, but retail investors should watch for further stake-sale disclosures from the promoter group.