MR SAKET KANORIA 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.
JSWSTEEL · price
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Saket Kanoria, a promoter group member of JSW Steel Limited, has submitted a disclosure under SEBI Regulation 31(4) confirming that neither he nor persons acting in concert with him have created any new encumbrance (pledge) over the company's shares during the financial year ended March 31, 2026, beyond what was already disclosed earlier. This appears to be a periodic or response-based declaration to the stock exchanges (BSE and NSE). The filing does not disclose any specific shareholding percentages or pledge quantities.
A nil-encumbrance declaration is a positive signal for shareholders as it indicates no additional promoter leverage or risk of pledge invocation on the company's shares during this period.