3,50,00,000 equity shares of Thriveni Earthmovers and Infra credited to demat account
Lloyds Metals and Energy Ltd has informed the exchanges that 3,50,00,000 equity shares of Thriveni Earthmovers and Infra Private Limited (TEIL), its subsidiary, have been credited to its demat account on 08th October, 2026.
- Equity shares credited
- 3,50,00,000
- Total consideration
- Rs. 6,06,76,00,000
- Date of credit
- 08th October, 2026
What the company said
Lloyds Metals and Energy Ltd has informed the exchanges that 3,50,00,000 equity shares of Thriveni Earthmovers and Infra Private Limited (TEIL), a subsidiary of the company, have been credited to the demat account of Lloyds Metals and Energy Ltd on 08th October, 2026.
The company stated this is a continuation of its earlier disclosures dated 10th August, 2026 regarding the investment in TEIL by way of subscription to a rights issue / further issue of capital, and 28th September, 2026 regarding the allotment of these shares.
The numbers at a glance
- Equity shares of TEIL credited: 3,50,00,000 (Three Crore Fifty Lakhs) shares
- Total consideration for the allotment: Rs. 6,06,76,00,000 (Rupees Six Hundred and Six Crores and Seventy-Six Lakhs)
How to read this
The allotment of shares was already intimated on 28th September, 2026. This update says those shares have now been credited to the company's demat account, which marks that step of the transaction being completed.
TEIL is a subsidiary of the company, and the company has taken these shares by way of subscription to a rights issue / further issue of capital of TEIL, an investment that was first disclosed on 10th August, 2026.
The company has also stated that the intimation is available on its website.
Also from Lloyds Metals and Energy
H1FY27 Operational Update: Iron Ore 10 Mn Tonnes, Pellet Up 372% YoY
1 Oct 2026
Promoters create Non-Disposal Undertaking, plus pledges, on shares for SBI term loan
30 Sep 2026
Allotted 3.5 crore shares of subsidiary Thriveni Earthmovers for Rs. 606.76 crore; stake at 71.89%
28 Sep 2026
More numbers
- Equity shares of TEIL credited to the company's demat account3,50,00,000
- Total consideration for the allotment of TEIL sharesRs. 6,06,76,00,000
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