Jayaswal Neco Industries Promoters Release Pledge on 55.10% Equity Stake
Jayaswal Neco Industries Limited's promoters have released their pledge on 53,49,79,890 equity shares, representing 55.10% of the company's total share capital. The transaction, executed on December 18, 2025, reduces the promoter group's pledged shares from 55.10% to 0%, while maintaining their total shareholding at 55.15%. The extensive promoter group includes 29 entities, comprising individual family members and various corporate entities across different business verticals. The company's total equity shares remain at 97,09,98,244 with a face value of ₹10 per share.
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Jayaswal Neco Industries Limited promoters have released their pledge on a significant portion of their equity shareholding, marking an important corporate development for the Nagpur-based company. The pledge release, executed on December 18, 2025, involves 53,49,79,890 equity shares representing 55.10% of the company's total share capital.
Pledge Release Details
The disclosure, made under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, reveals the complete release of pledged shares by the promoter group. The transaction details are presented below:
| Parameter | Before Release | After Release | Change |
|---|---|---|---|
| Pledged Shares | 53,49,79,890 | 0 | -53,49,79,890 |
| Percentage of Total Capital | 55.10% | 0.00% | -55.10% |
| Free Shareholding | 53,55,19,366 | 53,55,19,366 | No change |
| Total Promoter Holding | 55.15% | 55.15% | No change |
Promoter Group Composition
The extensive promoter group comprises 29 entities, including individual promoters and corporate entities. The key individual promoters include Mr. Basant Lall Shaw, Mr. Arvind Jayaswal, Mr. Ramesh Jayaswal, Ms. Nisha Jayaswal, Ms. Rita Jayaswal, Mr. Anand Jayaswal, Mr. Avneesh Jayaswal, Mr. Archit Jayaswal, and several other family members.
The corporate entities in the promoter group encompass various business verticals:
- Core Business Entities: Jayaswal Holdings Private Limited, Neco Valves and Pumps Private Limited, Neco Leasing and Finance Private Limited
- Infrastructure & Energy: Jayaswal Neco Power Private Limited, Jayaswal Neco Infrastructures Private Limited, Jayaswal Neco Energy Private Limited
- Steel & Mining: Jayaswal Neco Steel and Mining Limited, Jayaswal Neco Metallics Private Limited
- Trading & Services: Anurag Sales Services Private Limited, Avon Sales and Services Private Limited, Karamveer Impex Private Limited
- Diversified Ventures: Apex Spinning Mills Private Limited, Nine Star Plastic Packaging Services Private Limited, Nagpur Agro and Food Processors Limited
Company Capital Structure
The company's equity share capital remains unchanged following the pledge release transaction. The capital structure details are:
| Component | Details |
|---|---|
| Total Equity Shares | 97,09,98,244 |
| Face Value per Share | ₹10.00 |
| Total Share Capital | ₹970.99 crores |
| Promoter Shareholding | 55.15% |
| Pledged Shares (Post-Release) | 0 |
Regulatory Compliance
The disclosure was filed with both BSE Limited and National Stock Exchange of India Limited on December 19, 2025, in compliance with SEBI's takeover regulations. The pledge release represents a significant deleveraging move by the promoter group, potentially improving their financial flexibility and reducing encumbrance on their shareholding.
The transaction involved no acquisition or disposal of shares, with the promoter group maintaining their existing 55.15% stake in the company. The mode of transaction was specifically classified as "Pledge Release," indicating the lifting of encumbrance without any change in beneficial ownership of the underlying equity shares.
Historical Stock Returns for Jayaswal Neco Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.11% | +4.87% | +1.63% | +95.92% | +88.09% | +1,353.14% |
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