Promoter Ravi Agarwal creates Non-Disposal Undertaking for 1.19 crore shares

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

Promoter Ravi Babulal Agarwal of Lloyds Metals and Energy has executed a Non-Disposal Undertaking (NDU) dated September 4, 2026 covering 1.19 crore shares (2.12% of capital) in favour of SBICAP Trustee Company, acting as security trustee for a rupee term loan facility availed by the company. Several other promoter group entities have created similar NDUs on their holdings, bringing total promoter-group encumbrance to roughly 46% of share capital. The promoter clarifies this is NOT a pledge — ownership, voting rights and dividends remain with the promoter; only disposal is contractually restricted.

Likely market impact

Encumbrance tied to company borrowing, not promoter pledge. Ownership and voting rights unaffected, so limited impact on shareholders.