SUNFLAGNSESunflag Iron And Steel Company Limited· Steel And Steel ProductsMediumNeutral
Announced Tue, 26 May · 13:08 IST

VEENA BHARDWAJ 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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SUNFLAG · price

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

Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹387.60
prior close
₹399.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.4-0.1-1.2+0.9-3.9-3.3-2.7-1.9-3.3-5.9-12.2-6.8
Up moveDown movePending
AI summary

Veena Bhardwaj, a member of the Promoter Group of Sunflag Iron and Steel Company Limited, has submitted a disclosure under Regulation 31(4) of SEBI SAST Regulations, 2011. She has declared holding 35,90,281 equity shares of the company. Importantly, she has confirmed that these shares are free from any encumbrance and that no encumbrance was created on these shares during the financial year ended 31st March, 2026. This is a routine compliance filing where promoters confirm their shareholding status and pledge-free position.

Likely market impact

Positive signal for minority shareholders as the disclosure confirms no pledged shares by this promoter group member, indicating financial stability within the promoter group. No immediate impact on stock price expected from this routine declaration.