The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lloyd Enterprises Ltd
LLOYDSENGG · price
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Lloyds Enterprises Ltd, part of the promoter group of Lloyds Engineering Works Ltd, acquired 3,71,68,120 partly paid-up equity shares (face value Re. 0.50 each) through a Rights Issue allotted on 5th June 2025. After this acquisition, the promoter's total holding rose in absolute terms to 49,07,81,021 shares, but the percentage holding dropped from 38.92% to 33.30% of the diluted share capital due to expansion of total share capital from the rights issue. The total share capital of Lloyds Engineering Works increased to Rs. 1,31,97,69,204 including 30,85,17,476 partly paid-up shares. Additionally, 8,90,00,000 equity shares of the company held by the promoter group are pledged with Tata Capital Limited.
This is a routine SAST disclosure showing the promoter group subscribing to its entitlement in the rights issue. The drop in percentage from 38.92% to 33.30% reflects dilution from the rights issue, not any selling by promoters, so it is not a negative signal. The pledge of 8.9 crore shares with Tata Capital is a continuing encumbrance and worth tracking for any invocation risk.