StockWatch
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Iron & Steel Products
Shareholding25 Sept 2026, 12:13 pm

Inducto Steel: Rajeev Renuwal & PACs Disclose Shareholding Changes

AI Summary

Inducto Steel Limited has received a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Rajeev Renuwal and Persons Acting in Concert (PACs). The filing details changes in their shareholding, including inter-se transfers via gift deeds and adjustments in encumbered shares. The total shareholding of Rajeev Renuwal and PACs post-acquisition remains at 27.84774% of the total equity share capital.

Key Highlights

  • Disclosure filed under SEBI Takeover Regulations 2011.
  • Rajeev Renuwal and PACs are involved in shareholding changes.
  • Acquisition method includes inter-se transfer via gift deed.
  • Total shareholding of acquirer group stands at 27.84774%.