RAJESH AGRAWAL 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.
MAHASTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajesh Agrawal, a promoter of Mahamaya Steel Industries Limited, has submitted a disclosure confirming that the Promoter and Promoter Group (along with Persons Acting in Concert) collectively hold 11,964,987 equity shares. The key declaration states that during the financial year ended 31.03.2026, no encumbrance (pledge) was created on these shares, either directly or indirectly. This is a standard negative declaration filed under SEBI regulations requiring promoters to disclose any share pledges or encumbrances made during the year.
The disclosure is neutral to positive for shareholders as it confirms promoters have not pledged their shares, meaning there is no immediate risk of forced selling of promoter shares to meet margin calls or loan obligations.