SALSTEELNSES.A.L. Steel Limited· Steel And Steel ProductsLowNeutral
Announced Mon, 15 Jun · 19:36 IST

Promoter group confirms no new share encumbrance in FY26

Ownership Changes View source PDF

SALSTEEL · price

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▲ 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
-5.3%1-day move
₹59.90
prior close
₹58.07
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.6+1.6+2.5+2.5-5.3-9.1-5.3-3.5-2.5-5.7-1.5-8.4
Up moveDown movePending
AI summary

Shah Alloys Ltd, part of SAL Steel's promoter group, has filed a SEBI disclosure under Regulation 31(4) of the Takeover Regulations, confirming that as of 31 March 2026 no new encumbrance (pledge, lien, or charge) has been created on their shares during FY 2025-26, other than what was already disclosed earlier. Signed by Chairman Rajendrakumar Shah.

Likely market impact

Routine regulatory confirmation; no new pledging activity means no added risk to promoter stake stability.