STEEL STRIPS WHEELS LTD.-$ - 513262 - Update Regarding Release Of Shares 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 4336833 equity shares were pledged which is 27.78% of total paid up capital of the company and 44.27% of total promoter shareholding. On 16.02.2021, 200000 shares were released from the pledge and accordingly, now the number of shares pledged has been reduced to 4136833, which is 26.50% of total paid up capital of the company and 42.22% of total promoter shareholding. Kindly take the above on your record please.17-02-2021