The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 12, 2025 for IDH International ....
ESSARSHPNG · price
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IDH International Drilling Holdco Limited (formerly Essar Shipping & Logistics Limited), part of the promoter group of Essar Shipping Limited, has released a pledge on 2,14,06,365 equity shares (10.34% of total share capital). The shares were earlier pledged in favor of Energy II Limited, Bermuda. The release happened on December 10, 2025 and was reported to the exchanges on December 11, 2025. Post-release, the promoter entity continues to hold the same 10.34% stake, but it is now fully unencumbered. The disclosure was filed under Regulation 31(2) of SEBI's Takeover Regulations.
This is a positive signal for shareholders — roughly 10.3% of the company's shares have moved from being pledged (locked as collateral) to being free. It reduces the risk of forced sale by the lender and improves promoter confidence in the stock.