The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Indi Steel International Pvt Ltd & Others
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Awaiting price reaction for this filing.
India Steel International Pvt Ltd, part of the promoter group of India Homes Ltd, sold 445,000 equity shares (0.112% of the company's equity capital) in the open market on December 29-30, 2025. After the sale, India Steel International's individual holding dropped from 10.498% (4.17 crore shares) to 10.386% (4.13 crore shares). Other promoter group entities made no changes, so the total promoter group holding declined from 36.078% to 35.966%. The company's total share capital stands at about 39.81 crore shares. The note also mentions that 809,900 shares of India Steel International's holding remain pledged.
This is a small open-market sell-off by a promoter-group entity, with negligible price impact given the tiny 0.112% reduction. It signals mild promoter trimming, though the promoter group still controls roughly 36% of the company and remains comfortably below the 50% threshold.