StockWatch
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Iron & Steel Products
Shareholding20 Jun 2026, 05:21 pm

Adishakti Loha Promoters Sell 6.8 Lakh Shares

AI Summary

Pawan Kumar Mittal, Rukmani Devi Mittal, and Kiran Mittal, acting as Persons Acting in Concert (PACs) and promoter group members of Adishakti Loha and Ispat Limited, have collectively sold 680,000 equity shares through open market transactions on June 18, 2026. Pawan Kumar Mittal sold 540,000 shares, Kiran Mittal sold 40,000 shares, and Rukmani Devi Mittal sold 100,000 shares. This sale represents approximately 5.42% of the company's total equity share capital. Following the sale, the aggregate holding of the promoter group, including these PACs, has decreased.

Key Highlights

  • Promoter group members sold 680,000 shares in Adishakti Loha.
  • The sale occurred via open market transactions on June 18, 2026.
  • Pawan Kumar Mittal was the largest seller among the PACs.
  • The transaction constitutes a significant disposal of promoter holdings.