The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 02, 2026 for Katragadda Venkata Mohana Rao
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Promoter Katragadda Venkata Mohana Rao has created a pledge on 11,42,206 equity shares (0.57% of total share capital) of Standard Engineering Technology Ltd in favour of SMFG India Credit Co Ltd on December 31, 2025. The pledge was taken for personal borrowing of Rs. 10 crore, secured against shares valued at about Rs. 17.04 crore, giving a security cover ratio of 1.70x. The promoter's total holding remains unchanged at 18,00,000 shares (0.90% of the company), and only 0.94% of promoter shares are now encumbered. The disclosure confirms the encumbered shares are well below both the 50% of promoter holding and 20% of total share capital thresholds.
This is a small, routine pledge creation by a minor individual promoter for personal borrowing and is unlikely to materially impact the stock. Investors should track whether further pledges are added or if this one is invoked, which could signal financial stress.