INDIA IPO
  • Home
  • About
    • About us
    • Our CSR
  • Services

    IPO

    • Initial Public Offering (IPO)
    • SME IPO Consultation
    • Mainline IPO Consultation
    • Follow-On Public Offer (FPO)
    • Pre-IPO Funding Consultants

    Capital Raising

    • Social Stock Exchange
    • Private Placement
    • Project Funding
    • REIT
    • SM REIT
    • Rights Issue Advisory
    • InvIT Rights Issue
    • InvIT Public Issue
    • InvIT Private Issue
    • Debt Syndication
    • Securitised Debt Instruments
    • Public Municipal Debt
    • Private Municipal Debt

    Finance Advisory

    • Business Valuation
    • Corporate Finance
    • Financial Modelling
    • Project Finance
  • Investors
  • Merchant Bankers

    SME

    • List of SME Merchant Bankers

    MAINBOARD

    • List of Mainboard Merchant Bankers
  • Resources

    Reports

    • Daily Reporter
    • IPO Calendar
    • Upcoming IPO Calendar
    • Mainline IPO Report
    • SME IPO Report
    • SME IPOs by Sector
    • Mainboard IPOs by Sector

    IPO Knowledge

    • IPO World Magazine
    • IPO Process
    • Pre-IPO Process Guidance
    • IPO Blogs
    • Sector Wise IPO List In India
    • List of IPO Registrar

    Notifications / Circulars

    • SEBI ICDR Amendment Regulations 10.03.2025
    • SEBI SME IPO ICDR Amendments report 10.03.25
    • ICDR
    • BSE SME Eligibility Criteria
    • NSE Emerge Eligibility Criteria
  • News/Updates
    • Markets & Money Update
    • IPO & Market Snaps
  • Contact Us
  • Check IPO Feasibility
Check IPO Feasibility
INDIA IPO
INDIA IPO

Contact Info:

  • +91-96506-37280
  • +011-47008280
  • info@indiaipo.in
  • 808, 8thFloor D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034.
shape
  1. Home
  2. News
  3. Lloyds Metals and Energy: Promoter Releases Pledge on 64.29 Lakh Equity Shares Following Debenture Conversion
ipo services in India
India IPO
  • 07 Mar 2026
  • X
 Lloyds Metals and Energy: Promoter Releases Pledge on 64.29 Lakh Equity Shares Following Debenture Conversion

Thriveni Earthmovers Private Limited has released its pledge on 64,28,883 equity shares of Lloyds Metals and Energy Limited, effective 06th March, 2026. The release followed the conversion of Optionally Fully Convertible Debentures under the Share Pledge Agreement with Catalyst Trusteeship Limited. This reduced the promoter's encumbered shareholding from 3.59% to 2.41% while maintaining its total 18.34% stake in the company.

Lloyds Metals and Energy: Promoter Releases Pledge on 64.29 Lakh Equity Shares Following Debenture Conversion

Lloyds metals & energy has received disclosure from its promoter Thriveni Earthmovers Private Limited regarding the release of pledge on 64,28,883 equity shares. The pledge release became effective from 06th March, 2026, following the conversion of Optionally Fully Convertible Debentures as per the terms of the Share Pledge Agreement. Pledge Release Details The pledge release was executed under clauses 3.3.1 and 3.3.5 of the Unattested Share Pledge Agreement dated 07th February, 2024. This agreement was originally executed between Thriveni Earthmovers Private Limited and Catalyst Trusteeship Limited, which acts as Debenture Trustee for the subscribers of Optionally Fully Convertible Debentures. Parameter: Details Shares Released: 64,28,883 equity shares Release Date: 06th March, 2026 Reason: Conversion of Optionally Fully Convertible Debentures Debenture Trustee: Catalyst Trusteeship Limited Impact on Shareholding Structure Following the pledge release, Thriveni Earthmovers Private Limited's encumbered shareholding has been significantly reduced. The company continues to maintain its position as a key promoter while reducing its pledge obligations. Shareholding Details: Before Release After Release Total Holding: 10,00,05,501 shares (18.34%) 10,00,05,501 shares (18.34%) Encumbered Shares: 1,95,50,493 shares (3.59%) 1,31,21,610 shares (2.41%) Released Shares: - 64,28,883 shares (1.18%) Debenture Conversion Framework The pledge release stems from the conversion mechanism built into the Optionally Fully Convertible Debentures structure. The original pledge was created to secure the interests of debenture holders, including Kemwell Biopharma Private Limited, Kemfin Services Private Limited, and Anand Jaikumar Jain as Trustee of KJ Trust. Regulatory Compliance The disclosure has been made in compliance with Regulation 31(1) and 31(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The company has informed both BSE Limited and National Stock Exchange of India Limited about this development, ensuring full transparency with market participants and regulatory authorities. Lloyds Metals & Energy Limited has issued a clarification to BSE Limited regarding the recent increase in trading volume of its equity shares, responding to an inquiry from the stock exchange dated 06th March, 2026. BSE Inquiry and Company Response The clarification was issued in response to BSE's email bearing reference number L/SURV/ONL/PV/APJ/2025-2026/956, which sought explanation for the volume movement in the company's equity shares. Company Secretary Akshay Vora signed the response on behalf of the company. Parameter Details BSE Scrip Code 512455 Inquiry Date 06th March, 2026 Response Date 06th March, 2026 Signatory Akshay Vora, Company Secretary Membership No. ACS43122 Regulatory Compliance Statement The company confirmed that there is no pending information or announcement which, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, is required to be disclosed to stock exchanges. The management emphasized that no undisclosed information exists that could potentially impact the price or volume behavior of the company's scrip. Market-Driven Volume Movement Lloyds Metals attributed the increased trading volume to market conditions, stating that the movement is purely market-driven and related to prevailing market conditions. The company's management clarified that they have no control over, nor any knowledge of, the specific reasons behind the increased trading volume. Commitment to Disclosure Requirements The company reaffirmed its commitment to regulatory compliance, stating that it has been regularly disseminating all Unpublished Price Sensitive Information (UPSI) as required under Regulation 30 and other applicable provisions of the Listing Regulations. The management assured continued adherence to these disclosure requirements. Company Information Lloyds Metals and Energy Limited operates from its registered office at Plot No: A 1-2, MIDC Area, Ghugus, District Chandrapur, Maharashtra, with its corporate office located in Mumbai. The company maintains its commitment to transparency and regulatory compliance in all its communications with stock exchanges and stakeholders. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.

Recent News

Arisinfra Solutions Grants 1,42,000 Employee Stock Options Under ESOP
Arisinfra Solutions Grants 1,42,000 Employee Stock Options U...
07 Mar 2026
Arogya Tech Services LLP Acquires 6.82% Stake in Bijoy Hans Limited Through Preferential Allotment
Arogya Tech Services LLP Acquires 6.82% Stake in Bijoy Hans...
07 Mar 2026
Simply Put | Equity risk premium
Simply Put | Equity risk premium
07 Mar 2026
PPFAS Mutual Fund Increases Stake in Brookfield India REIT to 7.46%
PPFAS Mutual Fund Increases Stake in Brookfield India REIT t...
07 Mar 2026
When SIP returns turn uncomfortable
When SIP returns turn uncomfortable
07 Mar 2026
City Pulse Multiventures Limited Postpones Board Meeting to March 18, 2026 for Bonus Shares and Equity Split Consideration
City Pulse Multiventures Limited Postpones Board Meeting to...
07 Mar 2026
MiniMed's IPO and Health Sector's Transformations: A Financial and Technological Revolution
MiniMed's IPO and Health Sector's Transformations: A Financi...
07 Mar 2026
Hindware Home Innovation Limited Conducts NCLT-Ordered Meetings for Composite Scheme of Arrangement
Hindware Home Innovation Limited Conducts NCLT-Ordered Meeti...
07 Mar 2026
Kalind Limited Withdraws Proposed Acquisition of DBJ Multi Services Private Limited
Kalind Limited Withdraws Proposed Acquisition of DBJ Multi S...
07 Mar 2026
R Systems International Limited Declares Interim Dividend of Rs 6.00 Per Share with March 12, 2026 Record Date
R Systems International Limited Declares Interim Dividend of...
07 Mar 2026
pre ipo advisory services in India
  • GST No: 07AAHCB7068H2ZF

India IPO is a leading Indian business services platform that helps firms and companies to launch their initial public offerings (IPOs) in order to raise essential capital for growth and expansion while adding value & fueling the nation’s immense potential and future opportunities.

Follow us:

Facebook Twitter LinkedIn Instagram YouTube

Quick Links

  • Home
  • Blogs
  • Consultant
  • Youtube Videos
  • News
  • Contact Us
  • Career

Contact Information:

  • Corporate Office: 808, 8th Floor, D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034
  • Regional Office: Office No. 601, Shagun Insignia, Ulwe, Sector-19, Navi Mumbai- 410206
  • Email: info@indiaipo.in
  • Mobile: +91-74283-37280, +91-96509-82781
  • Disclaimer  |
  • Privacy & Policy  |
  • Terms & Conditions  

Copyright © All rights reserved by - Bmarkt Tecamat Private Limited