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Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Closure of Trading Window

 Dear Sir/ Madam, Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's 'Code of Conduct for prevention of Insider Trading', the Trading Window for dealing in the securities of the Company shall be closed w.e.f. 1st April, 2021, and will remain closed until 48 hours after the announcement of the Financial Results of the Company for the quarter and year ended 31st March, 2021 to the public. Kindly take the same on your records.
31-03-2021
Bigul

Steel Strips Wheels Ltd - 513262 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 We wish to inform you that, pursuant to Regulation 39(3) of SEBI Listing Regulations, the Company has received the following communication from the shareholder of the Company regarding loss of share certificates: Folio No Name Certificate No. Distinctive No. No. of Shares 0007114 MOHINDER PAUL GUPTA 51154 To 51157 4898401 - 4898600 200 The Company shall approve and issue duplicate share certificates upon satisfaction of all the necessary documents required for processing the request. Kindly take the same on your records please.
23-03-2021
Bigul

Steel Strips Wheels Ltd - 513262 - Grant Of Options Under "Steel Strips Wheels Limited- Employees Stock Option Scheme, 2016 (''ESOS 2016'')

 This is to inform you that Employee Compensation Committee (ECC) of the Board of Directors of the Company, in its meeting held on 15.03.2021 have granted 37550 stock options to eligible employees of the Company in accordance with "Steel Strips Wheels Limited- Employees Stock Option Scheme, 2016 (''ESOS 2016''). Each option shall entitle the holder to acquire one (1) equity share of Rs. 10/- of the Company at an Exercise price of Rs. 200/- per share. Options granted will vest on 15.03.2022 and exercise period would commence from date of vesting and will expire on completion of 5 years from the date of grant.
15-03-2021
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Announcement under Regulation 30 (LODR)-Credit Rating

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 with respect to Revision in Rating(s), we wish to inform you that India Ratings and Research (Ind-Ra) (a 100% owned subsidiary of the Fitch Group) vide its press release dated 09.03.2021, has affirmed Steel Strips Wheels Limited's Long Term Issuer Rating at IND BBB+, while resolving the Rating Watch Negative (RWN) and the Outlook is Stable. The Instrument wise rating actions are as follows: Instrument Type Maturity Date Size of Issue (million) Rating/ Outlook Rating Action Fund-based Working Capital Limits - INR 2,750 IND BBB+/Stable/INDA2 Affirmed; Off RWN Term loans FY 2025 INR 5,513 (reduced from INR 6,050) IND BBB+/Stable Affirmed; Off RWN Non-fund-based Working Capital Limits - INR 4,650 IND BBB+/Stable/INDA2 Affirmed; Off RWN Kindly take the above on your records please.
10-03-2021
Bigul

Steel Strips Wheels Ltd - 513262 - Announcement under Regulation 30 (LODR)-Credit Rating

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, we hereby submit Credit Ratings obtained by the Company on one of the its Loan Facilities availed from Axis Bank. The rating was assigned by Acuite Ratings & Research Limited on 6th September, 2018 as per the following details: S.No. Name of the Facilities Size of the Issue (Rs. Crore) Rating/Outlook 1. Cash Credit Rs. 10.00 Crores ACUITE A/Stable 2. Letter of Credit Rs. 5.00 Crores ACUITE A1 On 22.10.2019, Acuite Ratings & Research Limited revised the aforesaid rating as per the following details: S.No. Name of the Facilities Size of the Issue (Rs. Crore) Rating/Outlook 1. Cash Credit Rs. 10.00 Crores ACUITE A- (Downgraded from ACUITE A/Stable) Withdrawn 2. Letter of Credit Rs. 5.00 Crores ACUITE A2+ (Downgraded from ACUITE A1) Withdrawn The said rating was withdrawn on 22.10.2019.
10-03-2021
Bigul

Steel Strips Wheels Ltd - 513262 - Announcement under Regulation 30 (LODR)-Credit Rating

 Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, we hereby submit Credit Ratings obtained by the Company on one of the its Loan Facilities availed from Axis Bank. The rating was assigned by Acuite Ratings & Research Limited on 6th September, 2018 as per the following details: S.No. Name of the Facilities Size of the Issue (Rs. Crore) Rating/Outlook 1. Cash Credit Rs. 10.00 Crores ACUITE A/Stable 2. Letter of Credit Rs. 5.00 Crores ACUITE A1 On 22.10.2019, Acuite Ratings & Research Limited revised the aforesaid rating as per the following details: S.No. Name of the Facilities Size of the Issue (Rs. Crore) Rating/Outlook 1. Cash Credit Rs. 10.00 Crores ACUITE A- (Downgraded from ACUITE A/Stable) Withdrawn 2. Letter of Credit Rs. 5.00 Crores ACUITE A2+ (Downgraded from ACUITE A1) Withdrawn
10-03-2021
Bigul

Steel Strips Wheels extends gain after highest-ever monthly sales in Feb

 The stock hit a 52-week high of Rs 774, up 9% in intra-day trade today, and has rallied 22% thus far in March
09-03-2021
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.

 The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on March 03, 2021 for Dheeraj Garg & Others
03-03-2021
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.

 The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on March 03, 2021 for SAB Industries Ltd
03-03-2021
Bigul

STEEL STRIPS WHEELS LTD.-$ - 513262 - Update Regarding Release Of Shares Under Pledge And Status Of Pledged Shares Of The Promoter Group Of Steel Strips Wheels Limited

 We wish to inform you that the promoters along with the persons acting in concert holds 9797402 equity shares in Steel Strips Wheels Limited, which is 62.77% of the total paid up capital of the company and out of which 4111994 equity shares were pledged which is 26.34% of total paid up capital of the company and 41.97% of total promoter shareholding. On 02.03.2021, 200000 were released from the pledge and accordingly, now the number of shares pledged has been reduced to 3911994, which is 25.06% of total paid up capital of the company and 39.93% of total promoter shareholding.
03-03-2021
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