RAJESH AGRAWAL (Promoter together with member of the Promoter group & Person acting in Concert) of the Company 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
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Awaiting price reaction for this filing.
Rajesh Agrawal, part of the promoter group and person acting in concert at Mahamaya Steel Industries, has filed the annual disclosure under SEBI's Regulation 31(4) of the Takeover Regulations for the year ended 31 March 2025. The declaration states that the promoter and promoter group, who collectively hold 1,20,64,505 equity shares, have not created any encumbrance (pledge, lien, or similar charge) on their shares during the financial year. This is a routine annual compliance filing confirming that the promoter's stake remains fully unencumbered.
This is a neutral, routine compliance filing. It reassures shareholders that the promoter has not pledged any of their shares during the year, which means no margin-call or forced-sale risk arises from the promoter's holding. No direct impact on stock price is expected.