StockWatch
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Iron & Steel Products
Shareholding31 Jul 2026, 05:50 pm

Adishakti Loha and Ispat: Promoters Sell 2.2 Lakh Shares

AI Summary

Pawan Kumar Mittal and Rukmani Devi Mittal, identified as Persons Acting in Concert (PACs) and promoters/promoter group, have disclosed the sale of an aggregate of 2,20,000 equity shares in Adishakti Loha and Ispat Limited. The sales occurred through open market transactions on June 23, June 24, and July 28, 2026. Following these sales, their combined shareholding has decreased. The disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Promoters Pawan Kumar Mittal and Rukmani Devi Mittal sold 2.2 lakh shares.
  • Sales were conducted via open market transactions.
  • Disclosure filed under SEBI Takeover Regulations.
  • The transactions occurred on June 23, 24, and July 28, 2026.
  • Post-sale shareholding details are provided in the filing.