Promoter group reshuffles 3.82 percent stake via gift deed at Inducto Steel
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty Microcap 250 and 0.5 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Rajeev Renuwal and Persons Acting in Concert acquired 1,53,375 shares (3.82 percent) of Inducto Steel via an inter-se gift deed transfer from Laltadevi S Renuwal on 18 and 20 August 2026. The transfer is purely within the promoter family group, so total promoter group stake stays at 27,84,774 shares or 69.32 percent of equity capital. No change in public float or overall ownership.
Internal promoter family reshuffle via gift deed. Total promoter stake unchanged at 69.32 percent. Neutral for public shareholders.