GANGAFORGENSEGanga Forging LimitedLowNeutral
Announced Fri, 22 May · 11:46 IST

Hiralal Tilva has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

GANGAFORGE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹2.46
prior close
₹2.46
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.4+0.0+0.0-1.6-3.3-4.5-3.3-4.5-5.3+2.4+1.6-24.8
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AI summary

Hiralal Mahidas Tilva, Promoter of Ganga Forging Limited, has submitted a disclosure confirming that neither the Promoters, Promoter Group nor Persons Acting in Concert have created any share encumbrances during the financial year 2025-26. The filing includes a list of all promoter group members showing their shareholding as of 31 March 2026. Hiralal Mahidas Tilva holds 1,34,95,411 shares representing 70.01% of total share capital. The total promoter group holding (excluding the main promoter) stands at 35.51% of share capital.

Likely market impact

This is a routine compliance filing confirming no new pledge or encumbrance was created on promoter shares during the year. While promoter holding remains substantial at over 70%, the absence of new encumbrances is a neutral-to-positive signal for minority shareholders.