The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for IDH International Drilling Holdco Ltd
ESSARSHPNG · price
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IDH International Drilling Holdco Ltd (formerly Essar Shipping & Logistics Ltd), part of the promoter group of Essar Shipping Ltd, has disclosed a sale of its entire 2,14,06,365 equity shares (10.34% of voting capital) in the target company. The transaction was carried out as an inter-se transfer (Buy & Sell) among promoter-group entities for consideration, dated 24.12.2025. Post-transaction, the seller's holding in Essar Shipping stands reduced to nil, while the total share capital of the company remains unchanged at Rs. 2,06,97,60,720. Because the transfer is within the promoter group, the shares are not exiting the promoter consortium — they are simply being moved from one promoter entity to another.
For retail investors, this is largely an internal shuffle within the promoter group rather than an open-market exit, so there is no direct dilution or supply pressure on the stock. However, it changes the identity of the promoter entity on the shareholder register and may be followed by further disclosures about which group entity now holds the 10.34% stake.