BSEM P K Steels (I) LtdMediumNeutral
Announced Mon, 6 Oct · 13:02 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajasthan Global Securities Pvt Ltd

Ownership Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rajasthan Global Securities Pvt Ltd, along with PAC L R S D Securities Pvt Ltd, has disclosed acquisition of 13,47,200 shares (13.23%) of MPK Steels (I) Ltd under SEBI's takeover code. The shares were acquired through allotment in the company's IPO on 1 October 2025, taking the acquirer's holding from 0% to 13.23%. The acquirer is not part of the promoter/promoter group. MPK Steels is listed on the BSE-SME platform with total equity share capital of 1,01,82,358 shares of Rs 10 each.

Likely market impact

This is an IPO-related allotment filing to comply with the 10% disclosure threshold under SAST Regulations. It is not a market purchase and does not change promoter holding or control of the company. Investors should note that a non-promoter entity now holds over 13% stake, which was a planned IPO allocation rather than secondary buying.