BSEM P K Steels (I) LtdMediumNegative
Announced Fri, 10 Oct · 17:09 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

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▲ 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 LRSD Securities Pvt Ltd (neither part of the promoter group), sold 94,400 equity shares (0.92%) of M P K Steels (I) Ltd in the open market on 10 October 2025. This reduced their holding from 8,57,600 shares (8.42%) to 7,63,200 shares (7.50%). A note in the disclosure states their overall holding fell by roughly 2% (from 10.29% to 7.50%) in just two days between 8 October and 10 October 2025, which triggered the disclosure requirement. The total equity share capital of the company is 1,01,82,358 shares of Rs.10 each, and the stock is listed on the BSE SME platform. The seller has explicitly confirmed it does not belong to the promoter or promoter group.

Likely market impact

Continued open market selling by a non-promoter shareholder indicates some near-term selling pressure, though the quantum is small. The stock trades on the BSE SME segment, so liquidity and price impact may be limited. Shareholders should watch for any further disclosures from this group.