MANAKSIANSEManaksia Limited· Steel And Steel ProductsLowNeutral
Announced Tue, 1 Jul · 12:35 IST

Basudeo 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.

Promoter Below 50pctOwnership Changes View source PDF

MANAKSIA · 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

Awaiting price reaction for this filing.

AI summary

Basudeo Agrawal, on behalf of himself and Persons Acting in Concert (PACs), has submitted a yearly declaration to the exchanges confirming that no encumbrance (pledge or any similar charge) was created on any shares held by the promoter group during the financial year ended 31st March 2025. The attached Annexure shows the promoter group collectively holds 1,68,73,480 shares, or 25.747% of Manaksia Limited, with zero encumbered shares across all members. Individual holdings include Vineet Agrawal (12.384%), Anuradha Agrawal (7.191%), Basudeo Agrawal (3.472%), Shobha Devi Agrawal (1.992%) and BD Agrawal & Sons HUF (0.708%). This is a routine annual compliance filing under SEBI takeover norms, not a change in shareholding.

Likely market impact

No material impact on the stock or shareholders – this is a routine yearly disclosure confirming zero pledging. Investors can take comfort that the promoter group (25.75% stake) is entirely unencumbered, meaning no risk of forced share sales due to pledge triggers.