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
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India Steel International Pvt Ltd, a promoter group entity of India Homes Limited, sold 251,005 equity shares in an open market transaction on 27 March 2026. This reduced their holding from 40,850,472 shares (10.262%) to 40,599,467 shares (10.199%). The total promoter group holding decreased from 35.841% to 35.778% of the company. The filing notes that 809,900 equity shares held by India Steel International are pledged. India Homes Limited was formerly known as India Steel Works Limited, and its shares are listed on BSE with scrip code 513361.
This is a minor disposition by a promoter entity, reducing their stake by only 0.063%. The overall promoter group still holds approximately 35.78% of India Homes Limited, maintaining significant control. No immediate impact on stock price expected from this small open market sale.