Shareholding7 Oct 2026, 12:46 pm
Vora Financial Services Acquires 5.05% Stake in S.A.L. Steel
AI Summary
Vora Financial Services Pvt Ltd has acquired 73,06,374 equity shares, representing 5.05% of the total paid-up share capital, in S.A.L. Steel Ltd. This disclosure is made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as Vora Financial Services' holding has crossed the 5% threshold. The acquisition was made through the open market. The total equity share capital of S.A.L. Steel Ltd. before and after the acquisition remains ₹14,47,66,700.
Key Highlights
- Vora Financial Services acquired 5.05% stake in S.A.L. Steel.
- Holding crossed the 5% threshold, triggering SEBI takeover regulations.
- Acquisition was made via the open market.
- Total share capital remains unchanged at ₹14,47,66,700.
Price Impact
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