Promoter encumbrance: release and creation of encumbrance on 2,39,647 shares, both dated 28.09.2026
Disclosure under Reg 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 by promoters of Just Dial Limited.
- Shares under encumbrance event
- 2,39,647 shares
- Percentage of total share capital
- 0.28%
- Event dates
- Both events dated 28.09.2026
- Entity in whose favour encumbered
- Reliance Retail Ventures Limited
- Type of encumbrance recorded
- 'Others'
What the update is
Just Dial Limited's promoters have disclosed events relating to encumbrance of shares, under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The reporting date is October 2, 2026, and both events are dated 28.09.2026. Encumbrance means a restriction or charge over shares — the shares remain with the owner but are not freely disposable while the encumbrance stands.
The figures in the disclosure
- Eshwary Krishnan: 2,39,647 shares, that is 0.28% of total share capital.
- V.S.S. Mani: 64,68,187 shares, that is 7.61% of total share capital.
- Event entry: 2,39,647 shares, that is 0.28% of total share capital, appearing with both the release and the creation on 28.09.2026.
- Entity in whose favour the shares are encumbered: Reliance Retail Ventures Limited.
- Type of encumbrance recorded: 'Others', with the reason column referring to Note 1 of the update.
Release and creation
A release means the encumbrance earlier standing on those shares has been lifted. A creation means a fresh encumbrance has been recorded on those shares. Both are dated 28.09.2026 in this disclosure. The promoters named for the events are Eshwary Krishnan and V.S.S. Mani, and the shares are encumbered in favour of Reliance Retail Ventures Limited.
The notes in the update
- Note 1: in terms of the Shareholders Agreement dated July 16, 2021, the shares held by Mr. V. Krishnan, Mr. V.S.S. Mani, Ms. Anita Mani, Ms. Eshwary Krishnan and Ms. Mansi Iyer are encumbered.
- Note 2: there is no encumbrance on shares held by Reliance Retail Ventures Limited, promoter of the Company.
How a retail investor can read this
- The disclosure is about restrictions or charges on promoter shares, and it records a release as well as a creation on the same date.
- The type of encumbrance is recorded as 'Others', and the reason column points to the 2021 Shareholders Agreement described in the notes.
- The shares are encumbered in favour of Reliance Retail Ventures Limited, which is also named in the notes as a promoter of the Company.
- A release reduces the quantum of promoter shares under restriction; a creation adds to it. The two entries in this disclosure are of the same size.
- Disclosures under this regulation are periodic updates, so the position can change again with a later creation, release or invocation of encumbrance.
Also from Just Dial
Encumbrance disclosure: 2,39,647 shares of V.S.S. Mani encumbered, 2,39,647 shares of Eshwary Krishnan released
5 Oct 2026
Promoter group gift: 2,39,647 shares transferred inter-se; combined holding stays at 67,07,834 shares (7.89%)
5 Oct 2026
More numbers
- Shares shown against Eshwary Krishnan in the encumbrance table2,39,647
- Percentage of total share capital shown with Eshwary Krishnan's figure0.28
- Shares shown against V.S.S. Mani in the encumbrance table64,68,187
- Percentage of total share capital shown with V.S.S. Mani's figure7.61
- Shares in the creation of encumbrance dated 28.09.20262,39,647
- Percentage of total share capital in the creation of encumbrance dated 28.09.20260.28
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