Lloyds Metals promoters create Non-Disposal Undertaking on shares for term loan

Ownership Changes View source PDF Explain this filing

LLOYDSME · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.2%Reaction day

₹1806.10

prior close

₹1810.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.2%+0.0% vs market

Industrial Minerals peers, median of 13sector-0.6%+0.4% vs sector

On the reaction day the stock moved in line with Nifty Midcap 150 and 0.4 pts more than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.0

10m

-1.6

15m

-1.2

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.2-0.2+0.0-0.6+0.4

Next day

+0.1-2.4+2.5-4.1+4.2

+0.5-2.3+2.8-4.6+5.1

-0.6-1.5+0.8-4.0+3.4

+1.0-0.0+1.1-3.4+4.4

+0.9-0.4+1.2-3.6+4.5

+4.9+0.1+4.8-1.5+6.4

15d

+2.6-4.0+6.6-7.3+9.9

+0.3-5.6+5.9-7.2+7.6

—————

UpDownMarket · Nifty Midcap 150Sector · Industrial Minerals peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoters of Lloyds Metals, including Mukesh Gupta and several promoter group individuals and entities, created a Non-Disposal Undertaking (NDU) on their shares with SBICAP Trustee Company as security trustee. This is in connection with a rupee term loan facility availed by the company. The filing clarifies this is not a pledge. Promoters retain ownership, voting rights, and dividends. Shares remain in their own demat accounts but cannot be disposed during the loan period.

Likely market impact

Promoter shares are locked from sale until the term loan is repaid. Not a pledge so no invocation risk. Signals fresh company borrowing.