The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 19, 2025 for Zuari Maroc Phosphates Pvt Ltd
PARADEEP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Zuari Maroc Phosphates Pvt Ltd (ZMPPL) released 2.5 crore shares (3.06% of total share capital) from an existing pledge held with Tata Capital Limited. The release happened on 11-09-2025 and was reported to the exchanges on 19-09-2025, citing appreciation in the share price as the reason. Post-release, ZMPPL continues to hold 45.69 crore shares (56.05%) in Paradeep Phosphates, of which 4 crore shares (4.91%) remain encumbered, down from 6.5 crore shares (7.97%) earlier. This is a positive housekeeping disclosure showing reduced pledged exposure for the promoter.
Positive for shareholders — the promoter's pledged exposure has nearly halved (from 7.97% to 4.91%), lowering the risk of a forced sale or margin call. Promoter equity remains firmly above 50%, so control is unaffected.