StockWatch
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Iron & Steel Products
Shareholding26 Aug 2026, 05:40 pm

Pradeep Jain Sells 3.54% Stake in Rajasthan Tube Mfg.

AI Summary

Pradeep Jain has disclosed the off-market sale of 15,96,860 equity shares, representing 3.54% of the total share capital, in Rajasthan Tube Manufacturing Company Limited. The transaction occurred on August 25, 2026. Following this sale, Pradeep Jain no longer holds any shares in the company. The total equity share capital of the company before and after the sale was ₹4,50,78,000.

Key Highlights

  • Pradeep Jain sold 15,96,860 shares (3.54% stake).
  • The transaction was an off-market sale.
  • Seller is Pradeep Jain, who is part of the promoter group.
  • Post-sale, holding is reduced to 0%.
  • Sale date was August 25, 2026.