Mstc Limited has informed the Exchange regarding 'Promoter Disclosure in terms of Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011'.
MSTCLTD · price
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MSTC Limited has filed an annual promoter disclosure with the stock exchanges as required under SEBI's Takeover Regulations. The company's promoter — the President of India, acting through the Ministry of Steel — has confirmed that no encumbrance (such as pledge, lien, or charge) was created on its equity holding in MSTC during the financial year ended 31st March 2026. This is a routine annual compliance filing and the disclosure was signed by the Economic Adviser to the Ministry of Steel in New Delhi. The filing has been submitted to both BSE (Scrip Code: 542597) and NSE (Scrip Code: MSTCLTD).
This is a neutral, routine compliance filing. It confirms the government promoter has not pledged or encumbered any of its shares in MSTC, which means there is no near-term risk of forced selling or change in promoter control arising from margin calls or loan defaults.