Hariaksh Industries Private Limited has increased its pledged shareholding in Jai Balaji Industries Limited , according to a recent disclosure. The company has pledged an additional 45,00,000 shares, representing 0.49% of Jai Balaji Industries' total share capital, to Tata Capital Limited.

Key Details of the Share Pledge

Impact on Shareholding

Following this transaction, Hariaksh Industries' total encumbered shareholding in Jai Balaji Industries has risen to 2,15,00,000 shares, which accounts for 2.35% of the total share capital.

About Jai Balaji Industries Limited

Jai Balaji Industries Limited is primarily engaged in the manufacturing of steel products. The company recently reported its financial results for the second quarter and half-year ended September 30, 2025. Some key financial highlights include:

The company's Board of Directors approved these results in a meeting held on November 14, 2025.

While the share pledge by Hariaksh Industries is a significant corporate action, it's important to note that such pledges are common in the business world and do not necessarily indicate any immediate changes in the company's operations or management.

Investors and stakeholders of Jai Balaji Industries should continue to monitor the company's performance and any further corporate actions that may impact its shareholding structure.

Hariaksh Industries Private Limited, a significant shareholder of Jai Balaji Industries , has pledged a portion of its holdings as collateral for a third-party loan. The move, disclosed in a recent filing, highlights the intricate financial arrangements within the corporate landscape.

Key Details of the Pledge

• Pledged Shares: 1,70,00,000 (1.7 crore)
• Percentage of Total Share Capital: 1.86%
• Pledge Recipient: Tata Capital Limited
• Date of Pledge Creation: October 27, 2025
• Purpose: Collateral for a loan taken by a third party

Shareholding Structure

Hariaksh Industries holds a substantial stake in Jai Balaji Industries, with its total shareholding amounting to 16 crore shares, representing 17.54% of the company's total share capital. This recent pledge affects only a fraction of their overall holding.

Promoter Group Encumbrances

The disclosure provides a comprehensive view of the current encumbrance status across the promoter group:

Implications and Context

This pledge by Hariaksh Industries is part of a broader pattern of encumbrances within the promoter group of Jai Balaji Industries. While the pledge represents a relatively small portion of Hariaksh Industries' total holding, it adds to the overall encumbered shares within the promoter group.

The use of shares as collateral for third-party loans is a common practice in corporate finance, often employed to leverage existing assets for various business purposes. However, it also introduces potential risks, as any default on the underlying loan could potentially impact the shareholding structure.

It's worth noting that several other entities within the promoter group have also pledged significant portions of their holdings, with some having encumbered their entire stake in Jai Balaji Industries.

As the steel industry navigates through various market challenges, these financial arrangements may reflect the broader strategies employed by the promoter group to manage liquidity and support business operations. Investors and market watchers will likely keep a close eye on any further developments in the company's shareholding pattern and pledge status.