Niraj Chaudhary Huf 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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Niraj Chaudhry HUF has submitted a disclosure to NSE confirming that as of March 31, 2026, neither the HUF nor persons acting in concert have created any encumbrance over the shares of Niraj Ispat Industries Limited during the financial year. The filing explicitly states that the number of encumbered or pledged shares by the promoter is NIL. This is a routine regulatory filing required under SEBI regulations for promoters to disclose their pledge position periodically.
A clean disclosure with zero pledged shares is generally viewed positively by investors as it indicates the promoter does not have debt-backed stakes that could be forced into the market. No immediate shareholder risk from encumbrance-related selling.