Prakash Steelage Limited — Others, 04-04-2025: Disclosure under SEBI Takeover Regulations

Prakash C. Kanugo, the Promoter of Prakash Steelage Limited, has disclosed that neither the Promoters nor the Promoter Group, including persons acting in concert, have made any encumbrance on their shares in the company during the financial year ending 31 March 2025. This update reflects strong ownership stability and governance, providing reassurance to investors about the commitment of key stakeholders. The absence of encumbrances suggests a positive outlook, potentially enhancing investor confidence in the company's operational integrity and strategic direction going forward.