Prem Kumar Bhajanka 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.
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Prem Kumar Bhajanka, a promoter of Shyam Century Ferrous Limited, has submitted a disclosure to the stock exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose details of shares they have encumbered (pledged) with any lender or entity. The filing is a routine compliance requirement related to encumbrance of the promoter's shareholding. The body of the filing is not clearly readable, so specific details on the number of encumbered shares or the direction of change (creation, release, or invocation) cannot be confirmed from the document text provided.
This is a regulatory disclosure concerning pledged or encumbered shares held by the promoter. Investors should check the attached annexure for the exact extent of encumbrance, as high pledge levels on promoter holdings can be a risk signal for the stock.