The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SKY United LLP
LLOYDSME · price
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SKY United LLP, part of the promoter group of Lloyds Metals and Energy, has converted 74,99,998 warrants into equity shares at a premium of Rs.739 per warrant (face value Rs.1) on 31st December 2025 through a preferential allotment. As a result, SKY United LLP's holding increased from 6,59,54,638 shares (12.47% of share capital) to 7,34,54,636 shares (13.49% of share capital). The company's total equity share capital expanded from 52.90 crore to 54.43 crore shares. Out of 3,67,95,000 convertible warrants issued to promoter and non-promoter groups, 1,52,68,950 warrants were exercised on this date.
This is a promoter-group stake increase via warrant conversion (not an open market buy), which strengthens promoter commitment but may slightly dilute non-converting shareholders. The 1.02 percentage point rise in promoter entity holding is a positive confidence signal, though it remains well below the takeover threshold.