Sunflag promoter holds 85.21 lakh shares free from encumbrance in FY26
Supra Corporation Limited, a member of the Promoter Group, disclosed holding 85,21,425 equity shares in Sunflag Iron and Steel Company Limited free from encumbrance for the financial year ended March 31, 2026. The declaration, submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that no shares were encumbered directly or indirectly during FY26. The disclosure was filed with BSE Limited and National Stock Exchange of India Ltd.
*this image is generated using AI for illustrative purposes only.
Supra Corporation Limited, a member of the Promoter Group, has declared holding 85,21,425 equity shares in Sunflag Iron and Steel Company free from any encumbrance for the financial year ended March 31, 2026. The disclosure confirms that no shares were encumbered directly or indirectly during FY26, providing clarity on the promoter's holding status.
The declaration was submitted to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates annual disclosures by promoters regarding the encumbrance status of their shareholdings.
The following table details the shareholding disclosed:
| Shareholder | Shares Held | Encumbrance Status |
|---|---|---|
| Supra Corporation Limited | 85,21,425 | Free from encumbrance |
Supra Corporation Limited confirmed that the disclosure submitted to BSE Limited and National Stock Exchange of India Ltd. is true and correct. The filing was also copied to the Audit Committee of Sunflag Iron and Steel Company.
Historical Stock Returns for Sunflag Iron & Steel Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.41% | -3.55% | -4.03% | +37.03% | +14.06% | +313.39% |
Does Supra Corporation Limited intend to maintain its current holding level in Sunflag Iron and Steel over the next fiscal year?
How might this clean holding status influence Supra Corporation's ability to raise capital against these shares in the future?
Could this declaration signal potential plans for further equity acquisition or stake consolidation by the promoter group?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
