The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aeon Trading LLP
LLOYDSENGG · price
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Aeon Trading LLP, part of the promoter group of Lloyds Engineering Works, sold 4,98,52,941 equity shares (3.37% of equity capital) on 9th February 2026 through an open market block deal at Rs. 49.65 per share, totaling about Rs. 247.52 crores. The buyer was Thriveni Earthmovers Private Limited, the investment arm of Mr. Balasubramanian Prabhakaran. Before the sale, Aeon Trading LLP held 7.99% (11.82 crore shares); after the sale, its holding fell to 4.62% (6.84 crore shares). No encumbrances (pledge/lien) are involved, and the share capital of the company remains unchanged at around 148 crore shares.
This is a notable promoter-group stake reduction of 3.37% in a single transaction, which may be viewed negatively by retail investors as it signals promoter trimming. However, the sale was executed at a defined block-deal price to a specific strategic buyer (Thriveni Earthmovers), which could limit the immediate downside pressure on the stock compared with an open-market sale.