Rajesh Kumar Agarwal 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.
SHYAMCENT · price
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Awaiting price reaction for this filing.
Rajesh Kumar Agarwal, a promoter of Shyam Century Ferrous Limited, has filed an annual disclosure with the stock exchanges under Regulation 31(4) of the SEBI Takeover Regulations, 2011. Along with persons acting in concert, he has confirmed that no new encumbrances (such as pledges or liens) have been created on the company's shares during financial year 2024-2025 beyond what was already disclosed. The persons acting in concert listed include Bhawna Agarwal, Sumitra Devi Agarwal, Hari Prasad Agarwala & Others (HUF), Brijdham Merchants Pvt Ltd, Vanshika Agarwal, and Tanishqa Agarwal.
This is a routine compliance filing with no material change in the promoters' encumbrance position, so it is likely neutral for the stock price. Investors should note that any existing pledges on promoter shares remain unchanged and have not been newly created or invoked this year.