Shareholding30 Sept 2026, 02:54 pm
Oil Country Tubular Ltd: Promoter Group Sells 9.30% Stake
AI Summary
United Steel Allied Industries Pvt Ltd, a promoter group shareholder of Oil Country Tubular Limited, has sold 52,25,161 equity shares, representing 9.30% of the total capital. This sale, valued at ₹31,35,09,677 (settlement of an Inter-Corporate Deposit), reduces their holding from 38.17% to 28.87%. The transaction was an inter-se transfer to Kamineni Hospitals Private Limited.
Key Highlights
- Promoter group entity sold 52,25,161 shares.
- Sale represents 9.30% of total equity capital.
- Holding reduced from 38.17% to 28.87%.
- Transaction settled an outstanding ICD of ₹31,35,09,677.
- Sale was an inter-se transfer to Kamineni Hospitals Pvt Ltd.
Price Impact
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