Steel Strips Wheels reports no share encumbrance in FY26

2 min read     Updated on 26 May 2026, 05:45 AM
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Steel Strips Wheels Limited disclosed that its promoters and promoter group did not encumber any shares during FY26. The filing, compliant with SEBI regulations, lists 30 entities including R. K. Garg and Dheeraj Garg.

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Steel Strips Wheels Limited has confirmed that its promoters, members of the promoter group, and persons acting in concert did not create any encumbrance on shares during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, assures stakeholders that no shares were pledged directly or indirectly by these entities in FY26.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. steel strips wheels provided the detailed list of promoters and promoter group members in an annexure to the letter dated April 4, 2026.

Promoter and Promoter Group Details

The disclosure covers 30 entities, including individual promoters and various corporate bodies within the promoter group. The table below outlines the specific entities on whose behalf the declaration was made.

Name of Entity/Person Category
R. K. Garg Promoter
Sunena Garg Promoter
Priya Garg Promoter
Dheeraj Garg Promoter
Maya Louise Garg Promoter Group
Amiya Jain Promoter Group
Taavissah Jain Promoter Group
R. K. Garg & Sons (HUF) Promoter Group
SAB Industries Limited Promoter Group
SAB Udyog Limited Promoter Group
Chandigarh Developers Private Ltd. Promoter Group
DHG Marketing Private Ltd. Promoter Group
Malwa Chemtex Udyog Ltd. Promoter Group
Chandigarh Aircraft Management Services Private Limited Promoter Group
Steel Strips Financiers Pvt. Ltd. Promoter Group
Munak International Pvt. Ltd. Promoter Group
S S Credits Pvt. Ltd. Promoter Group
S J Mercantile Pvt. Ltd Promoter Group
Malwa Holdings Pvt. Ltd. Promoter Group
Munak Investments Pvt. Ltd Promoter Group
Steel Strips Holdings Pvt. Ltd Promoter Group
Munak Financiers Pvt. Ltd Promoter Group
Indian Acrylics Limited Promoter Group
Steel Strips Infrastructure Limited Promoter Group
Indlon Chemicals Limited Promoter Group
SAB Developers Pvt. Ltd Promoter Group
Steel Strips Mercantile Pvt. Ltd Promoter Group
Indian Acrylics Investments Ltd Promoter Group
Steel Strips Industries Ltd Promoter Group
Hansraj Trust (R K Garg) Promoter Group

The letter was signed by Dheeraj Garg, a promoter of the company, on behalf of the promoters, promoter group, and persons acting in concert. Copies of the disclosure were forwarded to the Audit Committee and the Company Secretary of Steel Strips Wheels Limited.

Historical Stock Returns for Steel Strips Wheels

1 Day5 Days1 Month6 Months1 Year5 Years
-2.26%-2.50%+10.80%+18.74%-5.96%+210.61%

How might the absence of share pledging influence investor confidence and stock volatility in the upcoming quarter?

Does this clean pledge status position Steel Strips Wheels to secure better financing terms for future capital expansion?

How does the company's zero-pledge status compare to the industry average for the auto components sector?

Steel Strips Wheels Schedules Board Meeting on May 26, 2026 to Consider Q4FY26 Financial Results and Final Dividend

1 min read     Updated on 06 May 2026, 04:41 PM
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Steel Strips Wheels has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also deliberate on recommending a final dividend, if any, for FY2025-26. The Trading Window has been closed since April 01, 2026, and will remain shut until 48 hours after the declaration of the financial results. The intimation was filed pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015.

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Steel Strips Wheels has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Tuesday, May 26, 2026. The intimation, dated May 06, 2026, has been filed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to address key financial and corporate matters for the quarter and financial year ended March 31, 2026. The following items are on the agenda:

Agenda Item: Details
Financial Results: Consider and approve audited standalone and consolidated financial results for Q4FY26 and FY2025-26
Auditors' Report: Review and approve the auditors' report accompanying the financial results
Final Dividend: Consider and recommend final dividend, if any, for financial year 2025-26

Trading Window Closure

In accordance with the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the Company's Code for Prevention of Insider Trading, the Trading Window closure period has been in effect since April 01, 2026. The closure was communicated through an earlier intimation dated March 25, 2026. The Trading Window will remain closed until 48 hours after the declaration of the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.

The filing was signed by Kanika Sapra, Company Secretary and Compliance Officer of Steel Strips Wheels, on May 06, 2026.

Historical Stock Returns for Steel Strips Wheels

1 Day5 Days1 Month6 Months1 Year5 Years
-2.26%-2.50%+10.80%+18.74%-5.96%+210.61%

How might Steel Strips Wheels' FY2025-26 earnings performance compare to its peers in the auto components sector, and what does this signal for the industry's overall health?

Given the current macroeconomic environment and input cost pressures in the steel industry, will Steel Strips Wheels maintain or improve its dividend payout ratio for FY2025-26 compared to previous years?

How could Steel Strips Wheels' Q4FY26 results influence investor sentiment toward the broader auto ancillary sector on Indian stock exchanges?

More News on Steel Strips Wheels

1 Year Returns:-5.96%