BSEHeera Ispat LtdMediumNegative
Announced Mon, 18 Aug · 11:04 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dharmeshkumar Rameshchandra Mistry

Promoter Stake Sell 1pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Dharmeshkumar Rameshchandra Mistry has sold 31,665 equity shares of Heera Ispat Ltd (face value Rs. 10) through an open market transaction on BSE on 13 August 2025. As per the SAST Regulation 29(2) disclosure, his holding in the company reduced from 11.32% (9,89,796 shares) to 8.12% (9,58,131 shares), a decline of 3.20 percentage points. The total equity share capital of the company remains at Rs. 5,88,28,000 comprising 58,82,800 equity shares. Mr. Mistry continues to be classified as part of the promoter/promoter group of the company.

Likely market impact

This is a promoter offloading shares on the open market, which is generally viewed as a mildly negative signal by retail investors as it may indicate reduced promoter conviction. However, his post-sale stake of 8.12% still keeps him as a meaningful shareholder, and the sale is relatively small in absolute value.