Hariaksh pledges more Jai Balaji shares, company reports earnings, director exits

Hariaksh Industries Private Limited announced the creation of a pledge on 45,00,000 shares of Jai Balaji Industries Limited on November 13, 2025. This pledge, representing 0.49% of Jai Balaji's total share capital, serves as collateral for a loan taken by a third party, increasing Hariaksh's total pledged shares to 2,15,00,000 (2.35% of total share capital).

Concurrently, Jai Balaji Industries Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2025. Standalone net profit after tax for the half-year was ₹97.03 crores, with total comprehensive income also at ₹97.03 crores. Consolidated figures mirrored these results, with net profit after tax at ₹97.03 crores and total comprehensive income at ₹97.03 crores for the same period.

Additionally, Jai Balaji Industries announced the cessation of Mr. Ashim Kumar Mukherjee as an independent director, effective December 1, 2025, following the completion of two consecutive five-year terms. The company's audit committee and board of directors approved the financial results, which include an unmodified opinion from the statutory auditors, Das & Prasad, Chartered Accountants.