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 Pvt Ltd, part of the promoter group of India Homes Ltd, sold 4,95,577 equity shares (0.124% of share capital) in the open market on December 31, 2025. India Steel International's individual stake declined from 10.386% to 10.262% (41,346,049 to 40,850,472 shares). Other promoter entities' holdings remain unchanged, so the combined promoter group stake dipped marginally from 35.966% to 35.841%. Of the promoter's remaining 40,850,472 shares, 80,99,000 shares are pledged. The transaction is a routine open-market sale under SEBI SAST Regulation 29(2).
The sale is very small (0.124% of capital) and unlikely to move the stock meaningfully. Combined promoter holding at 35.84% remains well below 50% majority control but comfortably above the 25% takeover trigger threshold. Investors should note the pledged shares worth watching if lender action occurs.