Pawan Kumar Mittal (promoter) sells 4.80 lakh shares (3.82 percent) via open market

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close

+8.4%1-day move

₹13.41

prior close

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After-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+8.4+1.6-12.4-3.8-8.9-0.8-3.4-10.4——

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AI summary

Pawan Kumar Mittal, a promoter group member of Adishakti Loha and Ispat Ltd, sold 4,80,000 equity shares (3.82 percent of total capital) through open market transactions on 17 June 2026. His personal stake dropped from 11.25 percent to 7.43 percent. Combined promoter group holding fell from 29.94 percent to 26.12 percent. The disclosure was filed under SEBI Takeover Regulations as the change crossed a prescribed threshold.

Likely market impact

Promoter stake sale of 3.82 percent may signal reduced conviction and could weigh on stock sentiment.