Hariaksh Industries pledges Jai Balaji shares as loan collateral

Hariaksh Industries Private Limited, a promoter of Jai Balaji Industries Limited, reported on November 25, 2025, the creation of a pledge on 85,00,000 equity shares of Jai Balaji Industries Limited. This transaction represents 0.93% of Jai Balaji Industries Limited's total share capital and was established as collateral for a third-party loan.

Prior to this event, Hariaksh Industries Private Limited held 16,00,00,000 shares, representing 17.54% of Jai Balaji Industries Limited's total share capital, with 2,15,00,000 shares (2.35%) already encumbered. The new pledge increases the total encumbered shares to 3,00,00,000, now comprising 3.29% of the target company's share capital.

The pledge was created on November 24, 2025, with Tata Capital Limited named as the entity in whose favor the shares are encumbered. This disclosure was made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.