Maiden Forgings Limited Submits SEBI SAST Yearly Disclosure for FY26
Maiden Forgings Limited submitted its yearly disclosure under SEBI SAST Regulations for FY26, confirming that promoters and promoter group members made no encumbrance during the financial year. The disclosure identifies eight members in the promoter and promoter group structure and was filed with BSE on April 06, 2026.

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Maiden Forgings Limited has submitted its yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The disclosure was filed with BSE Limited on April 06, 2026, confirming compliance with regulatory requirements.
Key Disclosure Details
The company's Managing Director, Nishant Garg, confirmed on behalf of all promoters and promoter group members that no encumbrance was made, directly or indirectly, during FY26. The disclosure covers all promoters and promoter group members along with persons acting in concert (PAC).
| Parameter: | Details |
|---|---|
| Filing Date: | April 06, 2026 |
| Financial Year: | Ended March 31, 2026 |
| Regulation: | SEBI SAST Regulation 31(4) |
| Scrip Code: | 543874 |
| Encumbrance Status: | No encumbrance made |
Promoter and Promoter Group Structure
The disclosure identifies the complete promoter and promoter group structure of Maiden Forgings Limited:
| Category: | Name |
|---|---|
| Promoters | |
| Nivedita Garg | |
| Nishant Garg | |
| Promoter Group | |
| Harsh Prakash | |
| Hemant Kumar | |
| Divya Jaiswal | |
| Mayank Govil | |
| Sarthi Agarwal | |
| Apoorva Garg |
Regulatory Compliance
The disclosure was signed by Nishant Garg, Managing Director (DIN: 03088601), as the authorized signatory on behalf of the promoter and promoter group. Company Secretary and Compliance Officer Monika Negi (M No. A42847) facilitated the filing process with BSE Limited.
Maiden Forgings Limited, formerly known as Maiden Forgings (P) Ltd., maintains its registered office in Delhi and corporate office in Ghaziabad, Uttar Pradesh. The company continues to demonstrate adherence to SEBI regulations through timely submission of mandatory disclosures.
Historical Stock Returns for Maiden Forgings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.98% | +15.10% | -0.07% | +8.54% | +25.18% | +43.25% |
Will Maiden Forgings consider pledging shares for expansion financing in FY27 given the current zero-encumbrance status?
How might the company's clean promoter shareholding structure influence potential strategic partnerships or acquisitions?
What impact could changes in SEBI's substantial acquisition regulations have on Maiden Forgings' future disclosure requirements?


































