Sanjay 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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Sanjay Agarwal, promoter of Shyam Century Ferrous Limited, has filed the annual disclosure required under Regulation 31(4) of the SEBI Takeover Regulations for FY 2024-2025. The filing confirms that he, along with persons acting in concert, has not created any new encumbrance (such as pledge or lien) on the company's shares during the year, other than anything already disclosed earlier. The list of persons acting in concert includes Divya Agarwal, Auroville Investments Pvt Ltd, Sumangal International Pvt. Ltd., and Sumangal Business Pvt. Ltd., all belonging to the promoter group. This is a routine compliance submission mandated for promoters at the end of each financial year.
This is a neutral, routine regulatory filing with no material change to promoter holdings or share encumbrances. Shareholders can take comfort that the promoter group has not added new pledges or liens on their shares during the year, and the disclosure is unlikely to have any meaningful impact on the stock price.