Promoter releases encumbrance on 14.12 lakh shares

Pawan Kumar Mittal, a promoter of adishakti loha & ispat , released the encumbrance on 14,12,525 equity shares on June 12, 2026. The release reduces the promoter's encumbered holding to zero, representing 11.25% of the company's total share capital. The shares were previously pledged with MSB e-trade Securities Limited.

The disclosure was submitted to BSE Limited on June 13, 2026, under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing confirms that the entire pledged holding of the promoter has been unpledged following the event.

Details of Encumbrance Release

The following table outlines the specifics of the transaction:

Particulars	Details
Name of Promoter	Pawan Kumar Mittal
Total Shares Held	14,12,525
% of Total Share Capital	11.25%
Type of Event	Release
Date of Release	12-06-2026
Post-Event Encumbered Shares	Nil
Entity in Whose Favor Shares Were Encumbered	MSB e-trade Securities Limited

Background of Pledge

According to the disclosure, the shares were initially pledged on March 16, 2026. The pledge covered 100% of the promoter's shareholding. The funds raised against the pledge were intended to be utilized by the promoter to meet margin requirements for trading in securities. MSB e-trade Securities Limited operates as a stockbroker and trading platform.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.03%	+12.00%	+12.00%	+6.30%	-6.17%	+22.81%

Promoter group member Kiran Mittal has sold a total of 340000 shares in adishakti loha & ispat through open market transactions, reducing her stake in the company. The sales occurred on June 11 and June 12, 2026, as disclosed to the stock exchange. Following the transaction, her holding has decreased to 2.37% of the total voting capital.

The disclosures were submitted under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, Mittal held 636303 shares, which accounted for 5.07% of the company's equity. The transactions were executed entirely in the open market.

Transaction Details

The disposal of shares was carried out over two consecutive days. The specific details of the share sales are outlined below:

Date	Shares Sold	% of Total Share Capital
11.06.2026	140000	1.11%
12.06.2026	200000	1.59%
Total	340000	2.70%

Holding Post-Transaction

After the completion of these sales, the promoter group member's revised shareholding stands at 296303 equity shares. This represents 2.37% of the total paid-up equity share capital of the company. The total equity share capital of Adishakti Loha and Ispat Limited remains unchanged at 12558000 shares of ₹10 each, amounting to ₹125580000.