SatishKumar Asamal 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.
SAGARDEEP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Satishkumar Asamal Mehta, a promoter of Sagardeep Alloys Limited, has submitted an annual disclosure under Regulation 31(4) of SEBI SAST Regulations, 2011 for the financial year ended March 31, 2026. The disclosure is a negative declaration confirming that he, along with other Promoters, Promoter Group, and Persons Acting in Concert (PAC), have NOT created any encumbrance (pledge or charge) on the company's shares during the FY. The filing dated April 6, 2026 was submitted to NSE and copies were sent to the company and its Audit Committee.
A negative encumbrance declaration is generally positive for shareholders as it indicates promoters have not pledged shares, reducing the risk of forced selling or sudden overhang that could pressure the stock price.