Nova Iron & Steel: Vintage Steel Acquires 12.55% Stake

Nova Iron & Steel Limited has announced an acquisition where Vintage Steel Private Limited and Titanic Steel Industries Private Limited collectively acquired a 12.55% stake in the company. The acquisition, which took place on June 4, 2026, involved Vintage Steel increasing its holding to 6.35% and Titanic Steel to 6.20%. The total shares held by the acquirers post-acquisition amount to 45,33,000 shares. The acquisition price per share was Rs. 11/-. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the relevant reports filed with SEBI and the stock exchange.