The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramanand Agrawal HUF
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Ramanand Agrawal HUF, a promoter-group entity of Mahamaya Steel Industries Ltd, sold 44,518 equity shares (0.27% of paid-up capital) in the open market on June 6, 2025. The HUF's individual holding fell from 1.05% (1,72,783 shares) to 0.78% (1,28,265 shares). The aggregate promoter and promoter group holding declined marginally from 73.08% (1,20,09,505 shares) to 72.80% (1,19,64,987 shares). The company's total equity share capital remains unchanged at 1,64,34,400 shares.
This is a small, routine open-market sale by a single promoter-group HUF entity and does not indicate any meaningful change in promoter control. With the promoter group still holding a dominant ~72.8% stake, there is no material impact on shareholding structure or the stock.