Sivasundar Private Limited 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.
MMFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sivasundar Private Limited, a promoter-group entity of MM Forgings Limited, has submitted its annual declaration under SEBI Regulation 31(4) of the Takeover Regulations. The entity holds 18,74,400 (18.74 lakh) shares in MM Forgings and has confirmed that none of these shares were pledged or otherwise encumbered during the financial year ended 31 March 2025. The shares are stated to be free and clear of all encumbrances. This is a routine yearly compliance filing required from promoter-group shareholders.
This is a neutral-to-positive disclosure for shareholders, as it confirms that the promoter's holdings remain unpledged and free of any financial encumbrance, indicating no immediate liquidity stress on the promoter group. No direct impact on stock price is expected from this routine filing.