The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Axis Trustee Services Ltd

Pledge ReleasedOwnership Changes View source PDF Explain this filing

HINDZINC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹409.95

prior close

₹409.50

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+1.8%-1.4% vs market

Non - Ferrous Metals peers, median of 14sector · industry level+0.9%-0.5% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty 100 and 0.5 pts less than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

+0.1

15m

-0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+1.8-1.4+0.9-0.5

Next day

-2.1+1.2-3.3-0.0-2.1

+0.8+3.0-2.2+2.7-1.8

+5.6+5.5+0.2+2.0+3.6

+6.6+6.0+0.6+3.4+3.2

+7.5+7.7-0.2+2.8+4.6

+8.5+9.2-0.8+5.5+3.0

15d

+4.5+10.3-5.7+1.9+2.6

-0.3+8.8-9.1+4.0-4.3

+28.3+13.7+14.6+15.2+13.2

+6.3+15.2-8.9+25.2-18.9

UpDownMarket · Nifty 100Sector · Non - Ferrous Metals peers, median of 14Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Axis Trustee Services Ltd, acting as debenture trustee, disclosed the release of encumbrance (pledge) over 32,32,11,858 equity shares of Hindustan Zinc Ltd, equal to 7.65% of the company's share capital. The release was carried out in four tranches: June 5, 2024 (2.40 crore shares, 0.57%), July 31, 2024 (10.32 crore shares, 2.44%), August 6, 2024 (5.65 crore shares, 1.34%), and April 3, 2025 (13.94 crore shares, 3.30%). Post-release, the pledged shares reduced sharply from 8.66% (36.60 crore shares) to just 1.01% (4.28 crore shares) of total share capital. Encumbrance through covenants under various facilities remains unchanged at 50.10%.

Likely market impact

This is a positive signal for Hindustan Zinc shareholders as it reflects a significant reduction in pledged encumbrance (from 8.66% to 1.01%), lowering risk perception around the stock. However, Axis Trustee is a debenture trustee and not a promoter, so this does not change promoter holdings or core ownership structure.