
Shareholding30 Jul 2026, 08:34 am
Pine View Sells 2.46% Stake in Adishakti Loha
AI Summary
Pine View Portfolio Consultants Private Limited, through its director Bhaskar, has disclosed the sale of 310,000 shares, representing 2.46% of the total equity, in Adishakti Loha and Ispat Limited. The sales occurred on June 24, 2026 (90,000 shares) and July 3, 2026 (220,000 shares) via open market transactions. Prior to this sale, Pine View held 13,60,000 shares, or 10.83% of the company. Following the disposal, their holding has reduced to 10,50,000 shares, constituting 8.36% of the total equity. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Pine View Portfolio Consultants sold 310,000 shares of Adishakti Loha.
- The sale represents a 2.46% stake in the company.
- Transactions occurred via open market sales on June 24 and July 3, 2026.
- Post-sale, Pine View's holding is reduced to 8.36%.
Price Impact
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