Hisar Metal Industries Limited 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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Hisar Metal Industries has submitted a disclosure under SEBI regulations by promoter Shri Abhiram Tayal. As of March 31, 2026, Abhiram Tayal holds 4,60,330 equity shares representing 8.52% of the company. The entire promoter group's collective holding stands at 33,05,025 shares (67.20%), which includes co-promoter and PACs shareholdings. The key declaration confirms that no promoter shares were encumbered (pledged) during the financial year ended March 31, 2026.
The confirmation that promoter shares are not pledged removes concerns about potential forced share sales that could dilute shareholder value. This is a positive indicator of the promoter's financial health and commitment to the company.