Mahamaya Steel Industries Promoters Declare No Encumbrance on Shareholding for FY26

1 min read     Updated on 24 Apr 2026, 07:01 AM
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Mahamaya Steel Industries Limited promoters have declared no encumbrance on their aggregate holding of 11964987 equity shares during FY26, filing the disclosure under SEBI takeover regulations. The declaration by promoter Rajesh Agrawal ensures regulatory compliance and transparency in shareholding structure. The filing was submitted to both BSE and NSE, demonstrating the company's adherence to market disclosure requirements.

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Mahamaya Steel Industries Limited promoters have submitted a regulatory disclosure to stock exchanges confirming no encumbrance on their shareholding during the financial year ended March 31, 2026. The declaration was filed under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulation, 2011.

Promoter Shareholding Declaration

Rajesh Agrawal, representing the promoter and promoter group along with persons acting in concert, formally declared that no encumbrance was created on their aggregate shareholding during FY26. The disclosure provides transparency regarding the promoter group's equity position and compliance with regulatory requirements.

Parameter: Details
Total Promoter Shares: 11964987 Equity Shares
Financial Year: Ended 31.03.2026
Encumbrance Status: No encumbrance created
Regulation: SEBI Takeover Regulation 31(4)

Regulatory Compliance

The filing demonstrates the company's adherence to SEBI's transparency requirements for listed entities. Under the takeover regulations, promoters must disclose any encumbrance on their shareholding to ensure market participants have complete information about ownership structures and potential changes in control.

Stock Exchange Communication

The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on April 2, 2026. The communication was also copied to the company's Audit Committee, ensuring internal governance bodies remain informed of regulatory compliance matters.

This declaration reinforces the stability of the promoter shareholding structure and provides assurance to investors regarding the absence of any pledging or encumbrance activities during the reported financial year.

Historical Stock Returns for Mahamaya Steel Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.94%-7.69%-11.86%+51.63%+234.83%+960.68%

Will Mahamaya Steel Industries' promoters maintain their unencumbered shareholding strategy in FY27 amid potential capital expansion needs?

How might the steel industry's cyclical downturn or growth phase influence the promoters' future pledging decisions?

Could this clean shareholding position make Mahamaya Steel Industries a more attractive acquisition target for larger steel conglomerates?

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Mahamaya Steel Industries Submits Q4FY26 SEBI Compliance Certificate

1 min read     Updated on 10 Apr 2026, 07:42 PM
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Mahamaya Steel Industries Limited submitted its certificate under SEBI Regulation 74(5) for Q4FY26 to BSE and NSE on 10th April, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper handling of securities dematerialisation during the quarter ended 31st March, 2026, ensuring compliance with regulatory requirements.

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Mahamaya Steel Industries Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI regulations for the quarter ended 31st March, 2026.

Regulatory Compliance Submission

The company submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on 10th April, 2026. The submission was made by Company Secretary and Compliance Officer Jaswinder Kaur Mission.

Parameter: Details
Reporting Period: Quarter ended 31st March, 2026
Submission Date: 10th April, 2026
BSE Scrip Code: 513554
NSE Symbol: MAHASTEEL
Submitted By: Jaswinder Kaur Mission, Company Secretary

Registrar Confirmation

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the registrar and share transfer agent for Mahamaya Steel Industries. The confirmation was provided by Ashok Shetty, Sr. Vice President-Corporate Registry, on 3rd April, 2026.

Certificate Details

The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories. Key confirmations included:

  • Securities received for dematerialisation were confirmed or rejected within prescribed timelines
  • Security certificates were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners
  • All securities are listed on stock exchanges where earlier issued securities are listed

Company Information

Mahamaya Steel Industries Limited operates from its registered office and works located at B/8-9, Sector-C, Sarora, Urla Industrial Complex, Raipur-493221, Chhattisgarh. The company manufactures various steel products including joist, channel, angle, flat, round, crossing sleeper bar, bloom, and billet, serving major clients such as BSP, BHEL, SAIL, NTPC, and ONGC.

Historical Stock Returns for Mahamaya Steel Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.94%-7.69%-11.86%+51.63%+234.83%+960.68%

How might the ongoing steel industry consolidation trends affect Mahamaya Steel's market position and client relationships with major PSUs?

What impact could potential changes in government infrastructure spending have on demand from key clients like NTPC and SAIL?

Will Mahamaya Steel consider expanding its product portfolio or manufacturing capacity given its established client base with major industrial players?

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1 Year Returns:+234.83%