BSEEastcoast Steel LtdMediumNeutral
Announced Tue, 8 Apr · 17:08 IST

As per attachment.

Promoter Below 50pctOwnership Changes View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Eastcoast Steel has filed its annual promoter group disclosure under Regulation 31(4) of SEBI's Takeover Regulations for FY 2024-25. The aggregate promoter group holds 10,72,116 shares, or 19.87% of the company, as of March 31, 2025. This is split across Anagha Enterprises Pvt. Ltd. (18.12%), Prithviraj S. Parikh (0.89%), and Mina Parikh (0.86%). Promoters have confirmed that no encumbrance (pledge) was created on their holdings during the year, and no further acquisition or sale details have been reported in this filing.

Likely market impact

This is a routine annual compliance filing confirming promoter holdings remain well below takeover thresholds, with no pledging activity. For retail investors, there is no change in ownership structure to act on, but it provides comfort that promoters have not raised fresh equity or pledged shares during the year.