Niraj Ispat Industries Limited has informed the Exchange regarding 'Pursuant to the Regulation 31(4) of SEBI (SAST) Regulations, 2011, we would like to inform that thefollowing promoters along with their persons acting in concern have provided a copy of the YearlyDisclosure for the financial year ended on 31st March, 2026 to the Audit Committee of the Company'.
NIRAJISPAT · price
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Niraj Ispat Industries Limited has filed Yearly Disclosure under Regulation 31(4) of SEBI SAST Regulations, 2011, submitted by 8 promoters and persons acting in concert (PACs): Madhu Chaudhry, Neeraj Chaudhry HUF, Anuradha Kanodia, Vaishali Chaudhary, Pickup Suppliers Pvt Ltd, Haryant Stainless Steels LLP, Niraj Steels LLP, and Niraj Chaudhary. All promoters declared that they have not made any encumbrance over the company's shares during the financial year ended 31 March 2026. Critically, all disclosures state that the number of encumbered or pledged shares by promoters as of 31 March 2026 is NIL — meaning no promoter shares are currently pledged or encumbered.
Zero promoter pledging is a positive signal for investors as it eliminates risk of forced selling or dilution from margin calls. This confirms strong promoter commitment with no encumbrances on their stake.