The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lloyds Enterprises Ltd
LLOYDSENGG · price
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Lloyds Enterprises Ltd, part of the promoter group, sold 14,20,000 equity shares (0.10% of equity capital) of Lloyds Engineering Works Ltd through a block deal on 5th August 2025 at Rs. 70.50 per share, amounting to Rs. 10.01 crores. The buyer was Thriveni Earthmovers Pvt Ltd, the investment arm of Mr. Balasubramanian Prabhakaran. After this sale, the promoter's holding in Lloyds Engineering Works has come down from 33.30% (49.07 crore shares) to 33.20% (48.93 crore shares). This is a revised disclosure clarifying the mode of acquisition as 'open market' (block deal), filed about six weeks after the original 6th August 2025 disclosure. Note: 8.90 crore shares of LEWL held by the promoter group remain pledged with Tata Capital Ltd.
This is a minor stake sale of only 0.10% by the promoter group, so it is unlikely to have any meaningful impact on the stock price or promoter control. The promoter's stake remains well above the minimum public shareholding norms, and no concerns arise from this transaction.