Announcement under Regulation 31 (4) of SAST Regulation 2011
Awaiting price reaction for this filing.
Mideast Integrated Steels Limited has filed a yearly disclosure under SEBI regulations confirming that the Promoter and Promoter Group entities have not made any encumbrance (pledge) of shares during the financial year ended 31st March 2026. The filing lists 5 individual promoters including Shipra Singh Rana, Rita Singh, Natasha Sinha, D K Singh, and J K Singh. Additionally, 6 promoter group companies are disclosed: Mideast (India) Limited, Mesco Mining Limited, Mesco Steels Limited, Mesco Kalinga Steels Limited, Mesco Hotels Limited, and Mesco Logistics Limited. This is a standard regulatory compliance filing required annually.
Positive signal for shareholders as it confirms no promoter shares are pledged or used as collateral, reducing the risk of forced share sales that could depress the stock price.