VSSLBSEVardhman Special Steels LtdMinimalNeutral
Announced Mon, 20 Apr · 16:26 IST

SP Oswal Trust has submitted a letter to Exchange on amendment to trust deed under Regulation 11(5) of The Securities and Exchange Board of India (Substantial Acquisition of Shares and ....

VSSL · 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
+6.2%1-day move
₹255.12
prior close
₹262.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-1.9-1.9-1.5+6.2+4.7+2.7+7.2+15.2+9.0+7.6+6.8+9.7+19.1
Up moveDown movePending
AI summary

SP Oswal Trust and Mrs Shakun Oswal Trust have submitted compliance certificates to the stock exchange. These trusts had acquired shares of Devakar Investment and Trading Co. Pvt Ltd on June 29, 2023 (SP Oswal Trust acquired 598,000 shares and Mrs Shakun Oswal Trust acquired 272,653 shares). An independent auditor has certified that both trusts complied with SEBI's exemption order dated August 27, 2021 during the period ending March 31, 2026. The auditor confirmed that the trusts are essentially 'mirror images' of promoter holdings with no change in ownership or control of Vardhman Special Steels or related companies. All trustees and beneficiaries are promoters or their immediate relatives, and no beneficial interest has been transferred or encumbered.

Likely market impact

This is a routine regulatory compliance filing confirming promoter trust structures remain within SEBI exemption conditions. No change in ownership or control means no immediate impact on shareholders or stock price.