Shareholding10 Jun 2026, 06:35 pm
Nova Iron & Steel: Promoter Group Discloses Shareholding Change
AI Summary
Nova Iron & Steel Ltd has filed a disclosure regarding a change in shareholding by its promoter group, Vintage Steel Private Limited and Titanic Steel Industries Private Limited. The filings, made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, detail off-market purchases of equity shares by these entities. Vintage Steel Private Limited acquired 21,99,415 equity shares, increasing its holding to 22,93,415 shares (6.35%), while Titanic Steel Industries Private Limited acquired 10,74,185 equity shares, bringing its total to 22,39,585 shares (6.20%). The transactions occurred on June 4, 2026, with the company being intimated on June 10, 2026.
Key Highlights
- Promoter group entities made off-market share purchases.
- Vintage Steel increased holding to 6.35% post-acquisition.
- Titanic Steel increased holding to 6.20% post-acquisition.
- Disclosure filed under SEBI Insider Trading Regulations.
- Transactions occurred on June 4, 2026.
Price Impact
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