Shareholding6 Jul 2026, 11:52 am
Mideast Integrated Steels: Inter-se Share Transfer of 12.33%
AI Summary
Mideast Integrated Steels Limited has disclosed an inter-se transfer of 1,70,00,000 equity shares, representing 12.33% of its paid-up equity share capital. The transaction occurred on July 3, 2026, between two unlisted entities: Mesco Steels Limited (Transferor) and Mesco Mining Limited (Transferee). This off-market transfer has been reported in compliance with SEBI (SAST) Regulations, 2011, and SEBI (PIT) Regulations, 2015. The company has received the necessary disclosures from both parties within the stipulated timelines.
Key Highlights
- Inter-se transfer of 1.7 crore equity shares completed.
- Transaction represents 12.33% of the company's share capital.
- Transfer occurred between Mesco Steels Ltd and Mesco Mining Ltd.
- Off-market transaction complies with SEBI regulations.
- Date of transfer was July 3, 2026.
Price Impact
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