
Shareholding20 Jun 2026, 05:10 pm
Pawan Kumar Mittal Sells 4.8 Lakh Shares of Adishakti Loha
AI Summary
Pawan Kumar Mittal, a promoter group member of Adishakti Loha and Ispat Limited, has disclosed the sale of 480,000 equity shares through open market transactions on June 17, 2026. This sale has resulted in a change in his shareholding beyond the prescribed threshold, necessitating this disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, the promoter group held approximately 29.94% of the total diluted share capital. After the sale, their holding has reduced slightly, with Pawan Kumar Mittal's direct shareholding decreasing by 3.82%. The company's total equity share capital remains unchanged at 12,558,000 shares.
Key Highlights
- Promoter group member Pawan Kumar Mittal sold 480,000 shares.
- The transaction occurred via open market sale on June 17, 2026.
- Disclosure made under SEBI SAST Regulations, 2011.
- Shareholding change triggered regulatory disclosure requirements.
- Total promoter group holding reduced post-transaction.
Price Impact
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