The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramanand Agrawal HUF
MAHASTEEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ramanand Agrawal HUF, part of the Promoter and Promoter Group of Mahamaya Steel Industries Ltd, sold 55,000 equity shares (0.33% of paid-up capital) in the open market on 4th and 5th June 2025. After this sale, the HUF's individual holding reduced from 2,27,783 shares (1.39%) to 1,72,783 shares (1.05%). The total Promoter and Promoter Group holding in the company declined marginally from 73.41% to 73.08%. The total equity share capital of the company stands at 1,64,34,400 shares.
This is a small, routine sale by a member of the promoter family (HUF) and is unlikely to materially affect the stock. Promoter group control remains very strong at over 73%, indicating continued confidence in the company.