Promoters create Non-Disposal Undertaking on shares for term loan

Ownership Changes View source PDF Explain this filing

LLOYDSME · price

Loading chart…

▲ 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

₹1796.30

announcement price

In-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

-0.1

10m

-0.1

15m

-0.1

30m

+0.1

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

Multiple promoter group entities of Lloyds Metals and Energy have created a Non-Disposal Undertaking (NDU) in favor of SBICAP Trustee Company, acting as security trustee for a Rupee Term Loan Facility availed by the company. The NDU covers shares held by promoters including Ravi Babulal Agarwal (2.12%), Crosslink Food and Farms (9.88% additional), Madhur Rajesh Gupta, Shreekrishna Mukesh Gupta, and several others. The filing clarifies this is not a pledge - ownership, voting rights and dividends remain with promoters, and shares continue to be held in their own demat accounts with only disposal restrictions during the loan tenure.

Likely market impact

Promoters cannot sell these shares during the loan period but retain ownership and voting rights, signalling long-term commitment while raising debt for the company.