Steel Strips Wheels Ltd has informed that the promoters along with the persons acting in concert holds 9797402 equity shares in the company, which is 62.77% of the total paid up capital of the company and out of which 2748347 equity shares were pledged which is 17.61% of total paid up capital of the company and 28.05% of total promoter shareholding.
Further as per regulatory filing, on 01.11,2021, 302000 shares were released from pledge, accordingly, now the total number of shares pledged has decreased to 2446347, which is 15.67% of total paid up capital of the company and 24.97%of total promoter shareholding.
At around 11:46 AM, Steel Strips Wheels was trading at Rs1,849 apiece up by Rs40.25 or 2.23% on the BSE.