Announced Wed, 20 May · 18:57 IST

Anurag Choudhary 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.

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HSCL · 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
+1.4%1-day move
₹574.00
prior close
₹584.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.3+1.6+2.2+1.4+4.0+5.7+5.8+4.9+5.4+18.0+13.2+39.2
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AI summary

Promoter Anurag Choudhary has submitted a declaration confirming that as of March 31, 2026, there is NO undisclosed encumbrance (pledge or hypothecation) on the shares held by all promoters and Persons Acting in Concert (PAC). The total promoter holding disclosed is 26,48,59,302 shares. Major shareholders include Modern Hi-Rise Private Limited (18.54 crore shares), Anurag Choudhary (4.33 crore shares), and Amit Choudhary (1.78 crore shares), among others. This is a routine regulatory filing to demonstrate transparency about promoter share collateral.

Likely market impact

This is a positive disclosure for investors as it confirms promoter shares are free from any undisclosed pledges or encumbrances, reducing risk of forced selling. No immediate impact on stock price expected from this filing.