The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for India Steel International Pvt Ltd
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India Steel International Private Limited, along with Persons Acting in Concert (PAC), has filed a disclosure under SEBI SAST Regulations 2011 for sale of equity shares. The filing indicates this is a sale of equity shares of Isinox Limited, a Promoter Group Company, executed via inter-se/off-market trade. The acquirer/seller belongs to the Promoter/Promoter group of India Homes Limited. The BSE has received this disclosure as per regulatory requirements. However, the specific number of shares, percentageholding before and after acquisition/sale are not clearly visible in the document provided, making it difficult to assess the exact scale of the transaction.
The filing suggests a promoter group stake adjustment through an inter-se transfer, which may affect the promoter holding pattern of India Homes Limited. Without clear numerical data, the impact on stock price remains uncertain.