Supershakti Metaliks Submits SEBI SAST Declaration Confirming No Share Encumbrance for FY26

1 min read     Updated on 02 Apr 2026, 01:32 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Supershakti Metaliks Limited submitted its SEBI SAST Regulation 31(4) declaration to BSE for FY26, confirming no share encumbrance by promoter group. Director Deepak Agarwal signed the declaration on behalf of promoters, while Company Secretary Navin Agarwal facilitated the April 02, 2026 submission.

powered bylight_fuzz_icon
36662564

*this image is generated using AI for illustrative purposes only.

Supershakti Metaliks Limited has filed its mandatory declaration with BSE under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulation 31(4) for the financial year ended March 31, 2026. The submission confirms compliance with regulatory requirements regarding share encumbrance disclosures.

Regulatory Declaration Details

The declaration was submitted on April 02, 2026, addressed to the Department of Corporate Services at BSE Limited. The document carries reference number SML/SAST/Reg. 31(4)/001/2026-27 and pertains to scrip code 541701.

Parameter: Details
Submission Date: April 02, 2026
Reference Number: SML/SAST/Reg. 31(4)/001/2026-27
Scrip Code: 541701
Financial Year: Ended March 31, 2026

Share Encumbrance Confirmation

Pursuant to Regulation 31(4) of SEBI SAST Regulations 2011, the promoter and promoter group members, including persons acting in concert, have declared that no encumbrance of shares was made directly or indirectly during the financial year ended March 31, 2026. This declaration covers the position as on March 31, 2026.

Signatory Details

The declaration was signed by Director Deepak Agarwal on behalf of the promoter and promoter group. Company Secretary and Compliance Officer Navin Agarwal (membership number A-17290) facilitated the submission to BSE on behalf of Supershakti Metaliks Limited.

Role: Name Details
Director: Deepak Agarwal Signatory for promoter group
Company Secretary: Navin Agarwal Compliance Officer (A-17290)

Company Information

Supershakti Metaliks Limited operates from its registered office located at 'Premlata', 39 Shakespeare Sarani, 2nd Floor, Kolkata - 700017, West Bengal. The company maintains regular compliance with SEBI regulations and stock exchange requirements through such mandatory disclosures.

Historical Stock Returns for Supershakti Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

Will Supershakti Metaliks consider any strategic partnerships or acquisitions that might require share encumbrance in FY 2026-27?

How might the company's clean share encumbrance status impact its ability to secure debt financing for future expansion plans?

What are the potential implications for minority shareholders if the promoter group decides to pledge shares for business growth in the upcoming financial year?

Supershakti Metaliks Limited Confirms Non-Classification as Large Corporate Under SEBI Framework for FY2025-26

1 min read     Updated on 02 Apr 2026, 01:20 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Supershakti Metaliks Limited filed annual disclosure with BSE confirming non-classification as Large Corporate under SEBI debt securities framework for FY2025-26. The company reported nil incremental borrowing, no mandatory debt securities requirements, and no applicable penalties, demonstrating compliance with regulatory transparency requirements while maintaining its status outside the Large Corporate framework.

powered bylight_fuzz_icon
36661828

*this image is generated using AI for illustrative purposes only.

Supershakti Metaliks Limited has submitted its annual regulatory disclosure to BSE confirming that the company does not qualify as a Large Corporate under SEBI's debt securities framework for FY2025-26. The disclosure was filed on April 2, 2026, as part of mandatory compliance requirements for listed entities.

Regulatory Compliance Framework

The filing was made pursuant to three key SEBI circulars addressing fund raising by large entities through debt securities. These include Circular No. SEBI/HO/DDHS CIR/P/20181144 dated November 26, 2018, Circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and Circular no. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/049 dated March 31, 2023. The company explicitly confirmed it does not fall under the Large Corporate category as defined under Clause 2.2 of the regulatory framework.

Financial Position and Borrowing Details

The company's Annexure B2 disclosure reveals a clear financial position regarding debt securities and borrowing requirements for FY2025-26:

Parameter Amount (₹ Crore)
Incremental borrowing in FY2025-26 NIL
Mandatory debt securities borrowing NIL
Actual debt securities borrowing NIL
Shortfall carried forward from FY2024-25 NIL
Shortfall for FY2025-26 NIL

Penalty and Previous Block Details

The disclosure also addressed penalty provisions related to previous block periods. The company reported that no penalties are applicable, with the three-year block period marked as "Not Applicable" and the fine amount calculated at 0.2% of shortfall also listed as "Not Applicable."

Corporate Authorization

The filing was authorized by key company officials including Navin Agarwal, Company Secretary & Compliance Officer (Membership No. 17290), and Shyam Sundar Somani, Chief Financial Officer. The document bears the official company stamp and signatures, confirming its authenticity and regulatory compliance.

The disclosure demonstrates Supershakti Metaliks Limited's adherence to SEBI's transparency requirements while confirming its current status outside the Large Corporate classification framework for the specified financial year.

Historical Stock Returns for Supershakti Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

What revenue or asset thresholds would Supershakti Metaliks need to cross to qualify as a Large Corporate under SEBI's framework in future years?

How might the company's growth strategy be affected by its current exemption from mandatory debt securities borrowing requirements?

Will Supershakti Metaliks consider voluntary debt securities issuance despite not being mandated to do so for capital expansion?

More News on Supershakti Metaliks

1 Year Returns:-100.00%