Steel Exchange India Ltd

Steel Exchange India: Major Share Pledge Activity 📊

- Vizag Profiles released pledge on 17,160,000 shares (13.76% of total capital) on February 24, 2026

- New pledge created on February 26, 2026 for 120,000,000 shares (9.62% of total capital) as collateral for company/group loans

- Total promoter shareholding: 63,359,555 shares (50.80% of total capital)

- 18.94% of promoter shares are now encumbered

- New pledge in favor of Catalyst Trusteeship Limited for Incred Special Opportunities Fund-I Category-II

- Encumbrance relates to unrated, unlisted debentures issued by Vizag Profiles aggregating up to ₹100 crores