Abha Power and Steel confirms no share encumbrance in FY26

Abha Power and Steel Limited has confirmed that its promoters and promoter group did not create any encumbrance on the company's shares during the Financial Year 2025-26. The disclosure was submitted to the National Stock Exchange of India Limited to comply with regulatory requirements regarding share pledging.

Regulatory Disclosure

The declaration was made pursuant to Regulation 31(4) and (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The company stated that the Promoter or Promoter Group & Persons Acting in Concert have not created any encumbrance on the shares, directly or indirectly, during the specified period.

The letter, signed by Atish Agrawal on behalf of the promoter and promoter group, was addressed to the Listing Department of the exchange. This disclosure is intended for the information and records of the regulatory authorities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-3.45%	-3.45%	-19.55%	-15.85%	-65.87%

Abha Power and Steel Limited has secured a new order worth ₹2.74 Cr from a domestic EPC company for the supply of castings, strengthening its presence in the railway sector. As of June 15, 2026, the company's order book stands at approximately ₹21.50 Cr, reflecting its consistent efforts to enhance market share. The order involves the supply of goods subject to inspection and quality approval, with execution scheduled on a monthly basis.

The order was awarded by a domestic entity identified as a Reputed EPC (Engineering, Procurement, and Construction) Company. The commercial consideration for the contract is ₹2,73,83,552. The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the order, and the transaction does not fall within related party transactions.

Abha Power and Steel Limited caters to diverse industries such as Indian Railways, steel, cement, heavy engineering, mining, and power. The company operates two foundries—SG iron and steel—within a 319,200 square-foot ISO 9001:2015 certified manufacturing facility at Silpahri Industrial Area, Bilaspur. The facility includes a captive solar power plant with a capacity of 3 MW, which aids in reducing operating costs and saving 3400 MT of Co2 emissions annually.