Essar Shipping Limited — Pledging, 27-03-2025: Pledge/Unpledge

IDH International Drilling Holdco Limited has created an encumbrance on 2,14,06,365 shares of Essar Shipping Limited, representing 10.34% of the total share capital. This pledge was established on March 25, 2025, in favor of Energy II Limited. This activity indicates a strategic maneuver, potentially impacting the liquidity and control dynamics of the company’s stock, which investors should monitor closely.