Ministry of Steel, Government of India 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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The Ministry of Steel, Government of India, on behalf of the President of India, has submitted a yearly declaration to the stock exchanges confirming compliance with SEBI's takeover regulations. The President of India, acting through the Ministry of Steel, holds 99.03% of KIOCL Limited as promoter. The declaration confirms that no encumbrance (such as pledge, lien, or charge) was created, directly or indirectly, on these shares during the financial year ended 31st March 2025.
This is a routine annual compliance filing and does not indicate any change in ownership or risk to promoter shares. Shareholders can take comfort that the government's 99.03% stake remains free of any encumbrance, with no material impact expected on the stock price.