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

Pawan Kumar Mittal Encumbers 14,12,525 Shares

AI Summary

Pawan Kumar Mittal, a promoter of Adishakti Loha and Ispat Ltd, has encumbered 14,12,525 equity shares, representing 11.25% of the total share capital. The encumbrance, a pledge, was created in favor of MSB e-trade Securities Limited on March 16, 2026. The reason cited for the encumbrance is for margin requirements for trading activities by the promoter. The shares were encumbered for a value of INR [Amount not specified].

Key Highlights

  • Promoter Pawan Kumar Mittal encumbered 14,12,525 shares.
  • Encumbrance represents 11.25% of total share capital.
  • Pledge created in favor of MSB e-trade Securities Limited.
  • Reason: Margin requirement for promoter's trading activities.
  • Encumbrance date: March 16, 2026.