Hisar Metal Industries Limited has informed the Exchange regarding 'Disclosure pursuant to Regulation 29(2) of Securities Exchange Board of India ( Substantial Acquisition of Shares and Takeovers ) Regulations,2011'.
HISARMETAL · price
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Hisar Metal Industries informed the exchanges about an inter-se transfer within the promoter group on June 24-25, 2025. Promoter Mahabir Prasad Jindal acquired 63,050 shares (1.17%) through open market purchases, while promoter group entity Narender Kumar Jindal & Sons HUF disposed of the same 63,050 shares (1.17%). The total promoter group holding remained unchanged at 33,05,525 shares, representing 61.21% of the company's equity share capital (54,00,000 shares of Rs. 10 face value). This is essentially an internal reshuffling of shares between promoter family entities with no change in overall promoter control.
No material impact on shareholders or stock price as this is an internal transfer between promoter group entities. The overall promoter stake stays at 61.21%, and the company's share capital remains unchanged. Investors may note this as routine promoter family reshuffling.