The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd

Ownership Changes View source PDF Explain this filing

STEELXIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹8.39

prior close

₹8.65

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%-1.7% vs market

Iron & Steel Products peers, median of 95sector-0.1%-2.6% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 2.6 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

+0.1

15m

+0.6

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-1.1-1.7-0.1-2.6

Next day

-5.7-3.3-2.5-2.8-2.9

-5.5-5.8+0.4-5.9+0.5

+1.3-4.9+6.2-5.2+6.5

+1.7-4.9+6.6-5.5+7.2

-3.2-7.5+4.3-8.1+4.9

-4.2-5.4+1.2-5.8+1.7

15d

-16.1-11.7-4.4-11.1-5.0

-10.0-9.6-0.4-11.3+1.3

+19.0+7.2+11.7+6.9+12.1

+42.2+10.5+31.7+6.0+36.2

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 95Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Steel Exchange India Ltd (SEIL) reported a new pledge of 12 crore equity shares, equal to 9.62% of total share capital and 9.41% of diluted share capital. The pledge was created on February 26, 2026 by Catalyst Trusteeship Limited, acting as a Debenture Trustee on behalf of Vizag Profiles Private Limited (the pledgor/issuer). The acquirer explicitly does not belong to the promoter or promoter group of SEIL. Before this transaction, Catalyst Trusteeship held no shares or encumbrance in the company; after the pledge, it holds 12 crore shares solely as pledged encumbrance.

Likely market impact

This is a debt-related encumbrance rather than a change in beneficial ownership, so it does not directly affect shareholding control. Retail investors should monitor this closely — if Vizag Profiles defaults on its debentures, the pledged shares could be invoked or transferred, potentially increasing supply in the market.