Steel Strips Wheels 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 4411994 equity shares were pledged which is 28.26% of total paid up capital of the company and 45.03% of total promoter shareholding. On 03.04.2021, 600000 shares were released from the pledge and accordingly, now the number of shares pledged has been reduced to 3811994, which is 24.42% of total paid up capital of the company and 38.91% of total promoter shareholding.
The above information is a part of company’s filings submitted to BSE.
