Steel Strips Wheels has informed that the promoters along with the persons acting in concert holds 9797402 equity shares in Steel Strips Wheels, which is 62.77% of the total paid up capital of the company and out of which 3795994 equity shares were pledged which is 24.32% of total paid up capital of the company and 38.74% of total promoter shareholding. On 28.05.2021, 116000 share were released from the pledge and accordingly, now the number of shares pledged has been reduced to 3679994, which is 23.58% of total paid up capital of the company and 37.56% of total promoter shareholding.
The above information is a part of company’s filings submitted to BSE.
