S. Lakshman 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
S. Lakshman, a promoter/stakeholder of M M Forgings Limited, has submitted a declaration under SEBI SAST Regulation 31(4) confirming that 14,87,996 shares held in the company have not been pledged or encumbered during the year ended 31 March 2026. The declaration confirms the shares are free and clear of all encumbrances as of March 31, 2026. This is a routine regulatory filing where shareholders confirm the pledge status of their holdings to the stock exchanges.
This is a positive confirmation for investors as it indicates the promoter's shares are not pledged, reducing risk of forced selling. No immediate impact on stock price expected from this routine disclosure.