BlackBuck Limited has reported a new encumbrance of shares by one of its promoters, affecting 0.35% of the company's total equity. Ramasubramanian Balasubramaniam, Promoter and Executive Director, pledged 630,000 shares on June 29, 2026. The shares were pledged in favor of 360 One Distribution Services Limited. This development is significant for shareholders as it indicates a change in the promoter's holding structure, potentially impacting the voting rights and financial leverage of the promoter group.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on June 30, 2026. The filing was made in accordance with Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates the disclosure of any creation, invocation, or release of encumbrance on shares by promoters to ensure transparency for the investing public.

Prior to this transaction, Ramasubramanian Balasubramaniam held a total of 12,612,601 shares, which accounted for 6.94% of the total share capital and 6.84% with respect to the diluted share capital. Following the creation of the pledge, the total number of encumbered shares held by the promoter stands at 630,000, representing 0.35% of the total share capital. The document confirms that no other promoters reported any changes in their encumbrance status during this period.

The filing provides a comprehensive overview of the promoter group's holdings. While Ramasubramanian Balasubramaniam has created a new pledge, other key promoters such as Chanakya Hridaya and Rajesh Kumar Naidu Yabaji, who hold 7.40% and 10.64% of the total share capital respectively, reported no encumbrance activity. The detailed breakdown of the promoter group's shareholding and encumbrance status is outlined in the table below.

The company, formerly known as Zinka Logistics Solutions Limited, has ensured that the disclosure covers all promoters and persons acting in concert (PACs) associated with it. The report confirms that the total share capital figures used for the calculations are based on the latest filing done by the company under Clause 35 of the Listing Agreement. The diluted share capital considers the full conversion of outstanding convertible securities and warrants into equity shares.

BlackBuck Limited has closed its trading window for dealing in its securities effective from July 1, 2026, until 48 hours after the announcement of the unaudited financial results for the quarter ended June 30, 2026. This measure is implemented to prevent insider trading and ensure compliance with regulatory standards during the sensitive period surrounding financial disclosures.

The decision aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, and black buck Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders. Consequently, all designated persons, their immediate relatives, and other connected insiders are prohibited from dealing in the equity shares of the company during the specified timeframe.

Regulatory Compliance and Key Dates

The closure of the trading window is a standard procedural requirement mandated by SEBI to maintain market integrity. The restriction applies uniformly to all identified insiders to avoid any potential misuse of unpublished price-sensitive information (UPSI).

The company, formerly known as Zinka Logistics Solutions Limited, communicated this intimation to the National Stock Exchange of India Ltd. and BSE Limited. The filing was signed by Barun Pandey, Company Secretary and Compliance Officer.