Hariaksh Industries Pledges 85 Lakh Shares of Jai Balaji Industries to Tata Capital

Hariaksh Industries Private Limited has increased its pledged shareholding in Jai Balaji Industries Limited , according to a recent disclosure. The company has pledged 85,00,000 shares, representing 0.93% of Jai Balaji Industries' total share capital, to Tata Capital Limited.

Key Details of the Share Pledge

Detail	Value
Pledgor	Hariaksh Industries Private Limited
Pledgee	Tata Capital Limited
Number of Shares Pledged	85,00,000
Percentage of Total Share Capital	0.93%
Purpose	Collateral for a loan taken by a third party

Impact on Shareholding

Following this transaction, Hariaksh Industries' unencumbered shareholding in Jai Balaji Industries has decreased from 2.35% to 0.93% of the total share capital.

About Jai Balaji Industries Limited

Jai Balaji Industries Limited is primarily engaged in the manufacturing of steel products.

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.06%	-5.91%	-26.90%	-38.93%	-68.22%	+1,481.66%

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:

Promoter Entity	Total Holding (Shares)	% of Total Capital	Encumbered Shares	% Encumbered
Hariaksh Industries Private Limited	16,00,00,000	17.54%	1,70,00,000	1.86%
Jai Salasar Balaji Industries Private Limited	12,55,75,785	13.77%	6,20,00,000	6.80%
Enfield Suppliers Limited	5,61,06,165	6.15%	3,22,91,165	3.54%
Hari Management Limited	3,52,20,000	3.86%	3,52,20,000	3.86%
K.D. Jajodia Steel Industries Private Limited	1,20,51,665	1.32%	1,20,50,000	1.32%
Rajiv Jajodia	78,41,665	0.86%	73,40,000	0.80%
Sanjiv Jajodia	1,38,97,165	1.52%	50,10,000	0.55%

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.