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 Takeover Regulations confirming that the entire promoter group's shareholding of 33,05,525 equity shares (61.21% of the company) was not encumbered, directly or indirectly, during the financial year ended March 31, 2025. The disclosure was made by Abhiram Tayal, a promoter personally holding 4,60,330 shares (8.52%), on behalf of the entire promoter group and persons acting in concert. This is a routine annual declaration required under Regulation 31(4), filed because the promoter shareholding exceeds the 50% threshold.
This is a neutral, routine compliance filing that confirms the promoters have not pledged their shares during the year. It provides comfort to shareholders that the controlling stake remains unencumbered, with no immediate risk of forced selling or change in control.