MAHASTEELNSEMahamaya Steel Industries LimitedLowNeutral
Announced Thu, 23 Apr · 14:33 IST

Mahamaya Steel 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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MAHASTEEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.8%1-day move
₹907.70
prior close
₹888.70
base price
In-mkt
timing
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+0.0-0.9-0.5-0.5-6.8-7.5-5.5-3.8-6.4-6.0-10.1-4.2-9.6-15.1
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AI summary

Promoters of Mahamaya Steel Industries Limited have submitted a nil encumbrance declaration for the financial year ended 31 March 2026. The promoter group collectively holds 11,964,987 equity shares. The disclosure confirms that no encumbrances (pledges) were created on these shares during the year, either directly or indirectly, by the promoters and persons acting in concert. This is a standard regulatory filing to confirm the status of promoter share pledges.

Likely market impact

No immediate concern for shareholders as the filing confirms zero promoter pledge activity, indicating no leverage pressure or potential stake sale risk from encumbered shares at this time.