Announced Thu, 3 Jul · 22:54 IST

Bahirji Ajai Ghorpade 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.

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bahirji Ajai Ghorpade, on behalf of the promoters, promoter group, and persons acting in concert (PAC), has filed a compliance disclosure with the stock exchanges confirming that no new encumbrance (pledge or charge) has been created on the shares of Sandur Manganese & Iron Ores Limited during the period, other than what was already disclosed in FY 2024-25. Promoters and their group hold 12,02,58,758 shares, representing 74.22% of the total issued and paid-up capital of ₹162.03 crore (16,20,34,938 equity shares of ₹10 each). The annexure shows no new encumbered shares by any promoter entity. This is a routine annual/periodic compliance filing required under SEBI's takeover regulations.

Likely market impact

This is a neutral, routine compliance filing with no material change in promoter shareholding or encumbrance status. Shareholders should note that promoter holding remains strong at 74.22% with no fresh pledging activity, which is a positive signal regarding promoter confidence and no immediate liquidity stress.