Shareholding2 Jul 2026, 08:40 am
Reward Capital Sells 11.88% Stake in Nova Iron & Steel
AI Summary
Reward Capital Service Pvt Ltd has disclosed the disposal of its entire shareholding of 42,91,675 equity shares, representing 11.88% of the total share capital, in Nova Iron & Steel Limited. The transaction was conducted off-market via inter-se transfer on June 30, 2026. Following the sale, Reward Capital Service Pvt Ltd holds no shares or voting rights in the company. The total equity share capital of Nova Iron & Steel Limited remained unchanged at 3,61,39,488 shares before and after the transaction.
Key Highlights
- Reward Capital Service Pvt Ltd sold its entire 11.88% stake.
- Transaction involved 42,91,675 equity shares.
- Sale was executed off-market via inter-se transfer.
- Seller is part of the promoter group.
- Post-sale, seller holds zero shares in the company.
Price Impact
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