StockWatch
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Iron & Steel Products
Shareholding13 Jun 2026, 06:21 pm

Adishakti Loha Promoter Releases 14.12 Lakh Shares from Encumbrance

AI Summary

Adishakti Loha and Ispat Ltd announced that promoter Mr. Pawan Kumar Mittal has released encumbrances on 1,412,525 equity shares. This action, disclosed under SEBI's SAST regulations, signifies a reduction in pledged shares. The shares were previously encumbered with MSB e-trade Securities Limited and have now been unpledged, impacting the promoter's holding structure.

Key Highlights

  • Promoter Pawan Kumar Mittal released 1,412,525 shares from encumbrance.
  • Disclosure made under SEBI SAST Regulation 31(2).
  • Encumbrance was with MSB e-trade Securities Limited.
  • This action impacts promoter's shareholding structure.
  • No financial figures were reported in this disclosure.