India Steel International Private Limited has disclosed the creation of a pledge on shares of India Homes Limited to BSE, as required under SEBI regulations for substantial acquisition of shares and takeovers. The pledge was created as collateral security for loans taken by India Homes Limited.

Pledge Details and Timeline

The pledge creation took place on April 2, 2026, with the disclosure made to BSE on April 6, 2026. India Steel International pledged 12,715,000 shares of India Homes Limited, representing 3.194% of the company's total share capital.

Promoter Holdings Structure

India Steel International Private Limited maintains a significant stake in India Homes Limited as part of the promoter group. The company's total holding stands at 390,999,467 shares, representing 9.822% of India Homes' share capital.

Regulatory Compliance

The disclosure was made in accordance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Sudhir H. Gupta, acting as Promoter/Director on behalf of the promoters and promoter group, signed the disclosure document.

Broader Promoter Group Holdings

The complete promoter group of India Homes Limited holds a total of 140,926,166 shares, representing 35.401% of the company's share capital. Other significant promoter entities include Yeotmal Land Development & Trading Co Private Limited with 43,650,000 shares (10.965%) and Isworld Steels Private Limited with 17,837,500 shares (4.481%).

The pledge creation reflects the promoter group's commitment to supporting India Homes Limited's financing requirements through collateral arrangements, while maintaining their substantial ownership position in the company.

Khamgaon Land Development & Trading Co. Private Limited has disclosed the indirect acquisition of equity shares in India Homes Limited through the purchase of 353,333 equity shares in Isinox Limited, a promoter group company. The transaction was executed via inter-se/off-market trade on 31-03-2026, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Structure and Mechanism

The acquisition involved the purchase of 353,333 equity shares of Isinox Limited from Indiasteel International Private Limited. This transaction resulted in an indirect acquisition of 0.013% voting rights in India Homes Limited, as Isinox Limited holds equity shares in the target company.

Shareholding Changes in Isinox Limited

Following the transaction, Khamgaon Land Development & Trading Co. Private Limited's stake in Isinox Limited increased from 530,000 shares (8.46%) to 883,333 shares (14.11%). Simultaneously, Indiasteel International Private Limited's holding reduced from 353,333 shares (5.64%) to zero.

Direct Holdings in India Homes Limited Unchanged

Despite the indirect acquisition mechanism, the direct shareholding structure of promoter group entities in India Homes Limited remains unchanged. Khamgaon Land Development & Trading Co. Private Limited continues to hold 5,080,410 shares (1.276%) directly in India Homes Limited.

Regulatory Compliance and Documentation

The disclosure was filed in compliance with SEBI Takeover Regulations, with documentation digitally signed by Siddharth S. Gupta as the authorized signatory for Khamgaon Land Development & Trading Co. Private Limited on 02-04-2026. India Homes Limited maintains its total equity share capital of 398,080,925 shares, with shares listed on BSE under scrip code 513361.