The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 24, 2025 for IDH International ....
ESSARSHPNG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IDH International Drilling Holdco Limited, Cyprus (part of the promoter group of Essar Shipping, formerly known as Essar Shipping & Logistics Limited), has reported the release of a pledge on 2,14,06,365 equity shares of the company, which is 10.34% of its total share capital. These shares were earlier pledged in favour of Energy II Limited, Bermuda, and were released on December 10, 2025. After the release, the promoter group's encumbered (pledged) shareholding with this entity stands at zero. The disclosure is a revised submission filed on December 23, 2025, correcting discrepancies noted by BSE and NSE in the original filing dated December 11, 2025.
The release of the pledge removes the encumbrance on a sizeable 10.34% promoter group stake, reducing pledge-related risk for shareholders and signalling reduced financial stress for the promoter entity, which is generally viewed as a positive development for the stock.