Dheeraj Garg 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dheeraj Garg, a promoter of Steel Strips Wheels Limited, has filed a declaration confirming that the promoters, promoter group members, and persons acting in concert (PAC) have NOT created any encumbrance (pledge) on their shares during the financial year ending March 31, 2026. The filing covers 30 entities including individual promoters, HUFs, and group companies. This is a mandatory annual disclosure under SEBI regulations requiring promoters to declare any share pledging activity. The disclosure was submitted on April 4, 2026, to both BSE and NSE.
Positive signal for retail investors as the absence of share encumbrance by promoters indicates they have not pledged their holdings, reducing risk of sudden selling pressure. This suggests promoter confidence in the company's prospects.