ALPHA TRIBE

Newmalayalam Steel LimitedOthers, 26-06-2025: Disclosure under SEBI Takeover Regulations

26-06-2025 | 09:32 pm

Newmalayalam Steel Limited’s promoter group and persons acting in concert have confirmed that there was no creation of any encumbrance on their shares during the fiscal year. The promoters submitted their annual disclosure on shareholding status, affirming continued ownership without any charges or liens on the shares. This reassures investors about the promoter group's stable shareholding and absence of leveraged shares that might affect control or share value.

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