SBICAP Trustee Releases Shares in Hindustan Zinc Ltd; Pledged Holding Reduced
SBICAP Trustee Company Limited (STCL) has released a portion of the shares of Hindustan Zinc Limited, bringing further reduction to the pledged stake related to previous encumbrances. The release was executed on July 22, 2026.The transaction involved the release of 5,15,64,666 shares, which represented 1.22% of the total diluted share/voting capital of Hindustan Zinc Limited at the time of the disposal.
SBICAP Trustee Company Limited held a substantial encumbered stake in the target company prior to this release. The figures related to pledged and encumbered shares before the transaction were as follows:
| Metric | Shareholding | Percentage |
|---|---|---|
| Encumbered Shares (Pledge/NDU) Before Release | 2,27,15,78,820 | 53.76% |
| Total Encumbered Shares After Release | 2,22,00,14,154 | 52.54% |
The release of these shares reduced the encumbrance on Hindustan Zinc Limited. Post-release, the pledged and non-disposal undertaking (NDU) stake stands at 2,22,00,14,154 equity shares, comprising a pledge of 10,31,29,335 equity shares (2.44%) and an NDU equivalent to 2,11,68,84,819 equity shares (50.10%).
The total equity share capital and voting capital of Hindustan Zinc Limited remained constant at 4,225,319,000 equity shares of Rs. 2/- each, aggregating Rs.8,45,06,38,000/- as per the BSE shareholding pattern for the quarter ending June 2026.
HINDZINC Stock Price Movement
On Friday, shares of Hindustan Zinc Limited edged higher, settling at ₹531.95 after gaining 0.47% on the day. The equity traded within a tight session range, pulling back from its high of ₹534.40 to a low of ₹522.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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