Please find enclosed the yearly disclosure under Regulation 31(4) of SEBI (substantial Acquisition of shares and Takeover) Regulations, 2011 as amended, received from Promoter and Promoters ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Maiden Forgings Ltd has submitted the yearly disclosure under SEBI's Takeover Regulations, filed on behalf of its Promoter and Promoter Group for the financial year ended 31st March 2025. The promoters have explicitly declared that they have not created or made any encumbrance (such as a pledge or lien) on the company's shares, directly or indirectly, at any point during FY 2024-25. The Promoter and Promoter Group includes Nivedita Garg, Nishant Garg, Harsh Prakash, Hemant Kumar, Divya Jaiswal, Mayank Govil, Sarthi Agarwal, and Apoorva Garg. This is a routine annual compliance filing, not linked to any specific share transaction.
This is a routine compliance update with no material impact on the stock. It confirms that no promoter shares were pledged or otherwise encumbered during the year, which is a neutral-to-slightly-positive signal for shareholders concerned about promoter leverage risk.