Essar Shipping promoter unpledges significant shareholding

IDH International Drilling Holdco Limited, a promoter of Essar Shipping Limited, released 21,406,365 equity shares previously pledged to Energy II Limited, Bermuda, on December 10, 2025. These shares represent 10.34% of Essar Shipping's total share capital.

Following this release, IDH International Drilling Holdco Limited now holds no encumbered shares in Essar Shipping. The promoter's total holding remains unchanged at 21,406,365 shares, representing 10.34% of the company's total share capital. The revised disclosure was filed with both BSE and NSE on December 23, 2025.