Steel City Securities Limited 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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Steel City Securities Limited has submitted annual declarations from its four promoter groups under SEBI (SAST) Regulation 31(4) for the year ended March 31, 2025. Each promoter has confirmed that they, along with persons acting in concert, have not created any new encumbrance or pledge on the company's shares other than those already disclosed. The promoter group holdings are: Satish Kumar Arya's family – 31,71,945 shares (20.99%), G. Sirisha's family – 27,01,659 shares (17.88%), G.V. Vandana's family – 26,65,591 shares (17.64%), and K. Satyanarayana's family – 19,34,098 shares (12.80%). Combined, the four promoter groups hold roughly 69.3% of the company's total share capital, and no fresh pledges have been created during the year.
This is a routine annual compliance disclosure and is neutral for the stock. It reassures shareholders that promoters have not pledged any additional shares as collateral, which is generally seen as a positive sign of promoter confidence, though it carries no direct price impact.