Hariaksh Industries pledges Jai Balaji Industries shares for third-party loan

Hariaksh Industries Private Limited, a promoter of Jai Balaji Industries Limited, has disclosed a pledge on 170,000,000 equity shares of Jai Balaji Industries. This transaction, dated October 27, 2025, represents 1.86% of the total share capital of Jai Balaji Industries and serves as collateral for a loan taken by a third party.

Prior to this pledge, Hariaksh Industries Private Limited held 1,600,000,000 shares, constituting 17.54% of Jai Balaji Industries' total share capital, with no previously encumbered shares. Following the pledge, the post-event holding of encumbered shares for Hariaksh Industries Private Limited is now 170,000,000 shares, equivalent to 1.86% of the total share capital.

The pledge was made in favor of Tata Capital Limited, as detailed in the disclosure made to the National Stock Exchange of India Limited and BSE Limited on October 28, 2025, under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011.