Narmada Fintrade Private 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.
JSWSTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Narmada Fintrade Private Limited, a shareholder of JSW Steel Limited, has submitted a disclosure under SEBI Regulation 31(4) to both BSE and NSE. In this filing dated April 3, 2026, Narmada Fintrade declares that neither the company nor any persons acting in concert (PAC) with them have created any encumbrance, directly or indirectly, over JSW Steel shares. This is a negative declaration confirming no pledge or mortgage has been placed on the shares. The disclosure was submitted to the Audit Committee of JSW Steel Limited as well.
This is a routine compliance filing that provides shareholders with assurance that no promoter-level encumbrance has been created on JSW Steel shares. It is a positive signal regarding promoter share pledging transparency, as the company has confirmed zero pledge activity, which can be viewed favorably by investors concerned about promoter stake encumbrances.