BSECompany Update28 Sept 2026 · 28 Sept 2026, 06:00 pm
Update on Acquisition of Equity Stake in Thriveni Earthmovers and Infra Private Limited.
Lloyds Metals and Energy Ltd · 512455
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Lloyds Metals and Energy Ltd has acquired an additional 3.5 crore equity shares of Thriveni Earthmovers and Infra Private Limited, increasing its stake to 71.89%.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Lloyds Metals and Energy Ltd - 512455 - Update On Acquisition Of Equity Stake In Thriveni Earthmovers And Infra Private Limited.
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28th September, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Services Department Corporate Communications Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai – 400001 Bandra (East), Mumbai - 400051
BSE Scrip Code: 512455 NSE Symbol: LLOYDSME
Sub: Update on Acquisition of Equity Stake in Thriveni Earthmovers and Infra Private Limited.
Dear Sir/Madam,
Pursuant to Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), and in continuation of our
earlier intimation dated 10th August, 2026, regarding the investment in Thriveni Earthmovers and Infra
Private Limited (“TEIL”), Subsidiary of the Company, by way of Subscription to Rights Issue / Further
Issue of Capital. We wish to inform you that based on Intimation received from TEIL on 28th
September, 2026, the Company has been allotted, 3,50,00,000 (Three Crore Fifty Lakhs Only) equity
shares of TEIL, at an issue price of Rs. 173.36/- (Rupees One Hundred Seventy-Three and Thirty-Six
paise only), for a total consideration of Rs. 6,06,76,00,000 (Rupees Six Hundred and Six Crores and
Seventy-Six Lakhs only) after this subscription the total holding of the Company in TEIL will be
73,50,00,000 (Seventy-Three Crore Fifty Lakhs Only) equity shares representing total of 71.89% of
the issued and paid-up equity share capital of TEIL.
The details required pursuant to Regulation 30 of the Listing Regulations read with Clause A(1)(1.1) of
Annexure 18 of the SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024
(“Disclosure Circular”), has already been provided in the Outcome dated 10th August, 2026.
The same is also available on the Company’s website at www.lloyds.in.
The same may please be taken on record and suitably disseminated to all concerned.
Thanking you,
Yours Sincerely,
For Lloyds Metals and Energy Limited
Akshay Vora
Company Secretary