Insider Trading9 Jun 2026, 04:41 pm
Nova Iron & Steel Promoter Sells Shares Worth ₹3.6 Cr
AI Summary
Nova Iron & Steel Ltd has filed a disclosure under SEBI's Prohibition of Insider Trading regulations, 2015. Promoter Mr. Aniket Singal has sold 32,73,600 equity shares, representing 9.09% of his holding, in an off-market transaction on June 4, 2026, for a value of ₹3,60,09,600. The disclosure was intimated to the company on June 9, 2026. This transaction pertains to a change in shareholding by a promoter and is reported as per regulatory requirements.
Key Highlights
- Promoter Mr. Aniket Singal sold 32,73,600 equity shares.
- Transaction value amounts to ₹3,60,09,600.
- Sale executed via off-market transaction on June 4, 2026.
- Disclosure filed under SEBI Insider Trading Regulations.
- Represents a change in promoter shareholding.
Price Impact
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