StockWatch
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Iron & Steel Products
Shareholding13 Jun 2026, 05:30 pm

Pawan Kumar Mittal Discloses Share Encumbrance

AI Summary

Pawan Kumar Mittal, a promoter of Adishakti Loha and Ispat Ltd, has disclosed the creation of an encumbrance on 1,412,525 equity shares, representing 11.25% of the total share capital. The encumbrance, a pledge, was created on March 16, 2026, in favor of MSB e-trade Securities Limited. The shares were pledged for margin requirements for trading. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoter Pawan Kumar Mittal pledged 1,412,525 shares.
  • Encumbrance represents 11.25% of total share capital.
  • Pledge created on March 16, 2026, for trading margin.
  • Disclosure filed under SEBI Takeover Regulations.