Shareholding20 Jun 2026, 11:00 am
Pawan Kumar Mittal Sells 4.8 Lakh Shares of Adishakti Loha
AI Summary
Pawan Kumar Mittal, a promoter of Adishakti Loha and Ispat Limited, has disclosed the sale of 4,80,000 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 & Takeovers) Regulations, 2011. Following the sale, Mittal's shareholding in the company has reduced from 29.94% to 26.12% of the total share capital.
Key Highlights
- Pawan Kumar Mittal sold 4,80,000 equity shares.
- The transaction occurred via open market sale on June 17, 2026.
- Mittal's shareholding decreased from 29.94% to 26.12%.
- The seller belongs to the promoter group.
- Disclosure made under SEBI (SAST) Regulations, 2011.
Price Impact
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