Steel Strips Wheels Ltd has informed that the promoters along with the persons acting in concert holds 97,97,402 equity shares in the company, which is 62.77% of the total paid up capital of the company and out of which 3568347 equity shares were pledged which is 22.86% of total paid up capital of the company and 36.42% of total promoter shareholding.
On 12th July 2021, 1,50,000 shares were released from the pledge and accordingly, now the number of shares pledged has been reduced to 3418347, which is 21.90% of total paid up capital of the company and 34.89% of total promoter shareholding.
At around 2:54 PM, Steel Strips Wheels was trading at Rs1,104.05 apiece up by Rs27.75 or 2.58% on Sensex.