StockWatch
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Iron & Steel Products
Shareholding25 Sept 2026, 12:38 pm

Inducto Steel: Rajeev Renuwal & PACs Sell 1.50% Stake

AI Summary

Inducto Steel Limited has disclosed a shareholding change involving Rajeev Renuwal and Persons Acting in Concert (PACs). The group sold 153,375 shares, reducing their total holding from 69.32% to 67.82%. The transaction, classified as an inter-se transfer via gift deed, occurred on August 18th and 20th, 2026. The total equity share capital of the company remains Rs 4,01,72,540/-.

Key Highlights

  • Rajeev Renuwal & PACs sold 153,375 shares.
  • Total stake reduced by 1.50% to 67.82%.
  • Transaction type: Inter-se Transfer via Gift Deed.
  • Sale dates: August 18th and 20th, 2026.
  • Company equity capital remains Rs 4,01,72,540/-.