Announced Fri, 10 Jul · 09:41 IST
Olympian Finvest acquires 94,000 Nova Iron shares via promoter group restructuring
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹12.36
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.1-1.2+8.4+1.9+1.3-0.5————
Up moveDown movePending
AI summary
Olympian Finvest Pvt Ltd, a promoter group entity of Nova Iron and Steel Ltd, acquired 94,000 equity shares (0.26% of diluted share capital) from fellow promoter Aarti Iron and Power Pvt Ltd on 08/07/2026 at Rs. 11 per share. Olympian Finvest stake rose from 12.66% to 12.92%. The transfer is part of restructuring among promoters and promoter group and is exempt under Regulation 10(1)(a)(iv) of SEBI SAST Regulations, so no open offer is triggered.
Likely market impact
Internal promoter group reshuffle. Overall promoter holding unchanged. No open offer. Neutral for the stock price.