Steel Strips Wheels Ltd's promoter group reduces pledging by 187814 shares

The promoters along with the persons acting in concert holds 19594804 equity shares in Steel Strips Wheels Limited, which is 62.77% of the total paid up capital of the company and out of which 3629044 equity shares were pledged which is 11.62% or total paid up capital of the company and 18.52% of total promoter shareholding.

On 02.06.2022, 187814 shares were released from pledge. Accordingly, now the total number of shares pledged has reduced to 3441230 which is 11.02% of total paid up capital of the company and 17.56% of total promoter shareholding.

Shares of Steel Strips Wheels Limited was last trading in BSE at Rs. 769.75 as compared to the previous close of Rs. 743.85. The total number of shares traded during the day was 4078 in over 576 trades.

The stock hit an intraday high of Rs. 784.75 and intraday low of 754.85. The net turnover during the day was Rs. 3141434.00.

Source : Equity Bulls

Keywords

SteelStripsWheels INE802C01017 SSWL PledgedShares Reduction