Promoters reduce pledged shares in Steel Strips Wheels Ltd

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 2848347 equity shares were pledged which is 18.25% of total paid up capital of the company and 29.07% of total promoter shareholding.

On 20.10.2021, 100000 shares were released from pledge, accordingly, now the total number of shares pledged has decreased to 2748347, which is 17.61% of total paid up capital of the company and 28.05% of total promoter shareholding.

Shares of Steel Strips Wheels Limited was last trading in BSE at Rs. 1801.85 as compared to the previous close of Rs. 1809.60. The total number of shares traded during the day was 1701 in over 177 trades.

The stock hit an intraday high of Rs. 1875.00 and intraday low of 1760.00. The net turnover during the day was Rs. 3069624.00.

Source : Equity Bulls

Keywords

SteelStripsWheels INE802C01017 SSWL AutoParts Equipment WheelRims PledgedShares