MMFLNSEMM Forgings Limited· Castings/ForgingsMediumNeutral
Announced Mon, 13 Apr · 15:07 IST

Synmax Consultants & Trading 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.

Ownership Changes View source PDF

MMFL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.5%1-day move
₹444.80
prior close
₹443.45
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.1-0.1+4.5+1.9+3.9+8.4+9.9+13.5+12.4-1.5+4.8+16.2
Up moveDown movePending
AI summary

Synmax Consultants & Trading Private Limited, a promoter entity of M M Forgings Limited, has submitted a declaration under Regulation 31(4) of SEBI (SAST) Regulations as of March 31, 2026. The declaration confirms that 11,592,000 shares held in M M Forgings Limited have not been pledged or otherwise encumbered during the year ended March 31, 2026. This is a negative declaration confirming the absence of any share pledges or encumbrances on the promoter's holding.

Likely market impact

Positive signal for investors as the declaration confirms that a significant portion of promoter shares (11.59 million shares) are free from any pledge or encumbrance, reducing risk for shareholders.