StockWatch
·
Zinc
Shareholding22 Sept 2026, 06:03 pm

Hindustan Zinc: 1.22% Pledged Shares Released by SBICAP

AI Summary

SBICAP Trustee Company Ltd has disclosed the release of 5,15,64,666 pledged shares of Hindustan Zinc Limited, representing 1.22% of the total diluted share capital. These shares were previously encumbered by Vedanta Limited in favor of SBICAP, acting as a Security Trustee for a lender. Prior to this release, 28.44% of Hindustan Zinc's shares were encumbered. Following the release, the total encumbered shares now stand at 27.22%. The release of these shares occurred on September 18, 2026.

Key Highlights

  • SBICAP Trustee released 5,15,64,666 pledged shares of Hindustan Zinc.
  • This represents 1.22% of Hindustan Zinc's total diluted share capital.
  • Shares were previously encumbered by Vedanta Limited for a lender.
  • Post-release, encumbered shares reduced from 28.44% to 27.22%.