Maithili Milan Mehta 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.
PRECWIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 1.8 pts more than its Aluminium Copper & Zinc Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Maithili Milan Mehta, a member of the Promoter group of Precision Wires India Limited, has submitted a disclosure confirming that none of the shares held by her are pledged or encumbered as of 31st March, 2026. This is a routine compliance filing under SEBI regulations requiring promoter group members to declare their pledge status periodically. The declaration provides transparency on the promoter's shareholding position.
This is a routine regulatory filing with no immediate impact on the stock. A clean pledge declaration is generally positive as it indicates promoter shares are not encumbered, reducing risk of forced selling.