StockWatch
·
Iron & Steel Products
Shareholding9 Jul 2026, 03:58 pm

Olympian Finvest Buys 1.88 Lakh Shares of Nova Iron & Steel

AI Summary

Nova Iron & Steel Ltd has disclosed that Olympian Finvest Private Limited, a member of the promoter group, acquired 188,000 equity shares. This transaction, valued at ₹20,68,000, increased Olympian Finvest's holding from 4,385,675 shares (12.14%) to 4,573,675 shares (12.66%). The acquisition occurred off-market on July 3, 2026, and was intimated to the company on July 7, 2026. This filing is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Key Highlights

  • Promoter group entity Olympian Finvest acquired 1.88 lakh shares.
  • Transaction value reported at ₹20.68 Lakhs.
  • Holding increased to 12.66% post-acquisition.
  • Acquisition was an off-market transaction.
  • Disclosure filed under SEBI Insider Trading Regulations.