KIOCL 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.
KIOCL · price
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Awaiting price reaction for this filing.
The Ministry of Steel, Government of India, on behalf of the President of India, has submitted a declaration to the stock exchanges confirming that the promoter has not created any encumbrance (pledge, lien, or charge) on its shares in KIOCL during the financial year ended 31st March 2025. The President of India, acting through the Ministry of Steel, holds 99.03% of KIOCL as the promoter. This is a routine annual compliance filing required under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration was signed by Vinod Kumar Tripathi, Joint Secretary, Ministry of Steel, New Delhi.
This is a routine compliance disclosure with no material impact on the stock price. It reassures minority shareholders that the government promoter has not pledged or encumbered its dominant 99.03% stake, which is a mildly positive signal for shareholding stability.