P S Raj Steels confirms nil encumbrance of promoter shares for FY26

1 min read     Updated on 27 May 2026, 02:10 AM
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P S Raj Steels Limited disclosed nil encumbrance on promoter shares for FY26. The declaration was submitted by Promoter Deepak Kumar to NSE on April 6, 2026.

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P S Raj Steels Limited has confirmed that no encumbrance was created on the shares held by its promoters and promoter group during the Financial Year 2025-2026. The disclosure, submitted to the National Stock Exchange of India Limited on April 6, 2026, confirms that the number of encumbered or pledged shares by the promoter group is nil for the specified period.

The declaration was made by Deepak Kumar, Promoter & Managing Director of the company, on behalf of all promoters and members of the promoter group. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires an annual declaration confirming the status of encumbrance on promoter-held shares.

Key Details of the Disclosure

The submission provides specific details regarding the status of the securities held by the promoters of P S Raj Steels Limited.

Particulars Details
Target Company P S Raj Steels Limited
NSE Symbol PSRAJ
Financial Year 2025-2026
Encumbered Shares Nil
Regulation SEBI (SAST) Regulations, 2011, Regulation 31(4)

Deepak Kumar further declared that neither he nor any other promoters or members of the promoter group have made any encumbrance on the securities of the company, directly or indirectly, during the financial year. The disclosure has been requested to be placed before the ensuing Audit Committee Meeting of the company in compliance with Regulation 31(5) of the SEBI (SAST) Regulations, 2011.

The filing was signed by Suman, Company Secretary & Compliance Officer of P S Raj Steels Limited, on April 6, 2026. The company’s Corporate Identification Number (CIN) is L27109HR2004PLC035523.

Historical Stock Returns for P S Raj Steels

1 Day5 Days1 Month6 Months1 Year5 Years
-1.11%-1.48%+28.21%+32.71%+181.69%+165.60%

How might the zero pledge status impact P S Raj Steels' ability to secure future financing for expansion?

What are the potential market reactions to this signal of promoter confidence regarding the company's financial health?

Could this clean shareholding structure make P S Raj Steels a more attractive target for mergers or acquisitions?

1 Year Returns:+181.69%