Disclosure under SEBI Takeover Regulations

Sunflag Iron And Steel Company Limited has received a disclosure from Suhrity Ravi Bhushan Bhardwaj, a promoter of the company. The announcement is made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This specific regulation typically requires promoters to report any encumbrance or pledging of their shares. While no financial figures or transaction specifics were disclosed in this announcement, it provides investors with transparency regarding potential changes or leverage on a promoter's shareholding in the company.