Promoter group entity exits entire 11.88% stake via off-market transfer

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

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

Price reactionminutes from the announcement price · days from the prior close

-4.7%Reaction day

₹13.29

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-5.5% vs market

Iron & Steel Products peers, median of 99sector+0.7%-5.4% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.4 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.7+0.9-5.5+0.7-5.4

Next day

+0.4+0.5-0.2+1.0-0.6

-7.0+0.7-7.7+1.1-8.1

-7.8+0.0-7.9+0.3-8.1

-6.6-2.0-4.6-1.2-5.4

-7.0-0.1-6.9-0.3-6.7

-5.9+1.4-7.3-0.0-5.9

15d

-7.2-1.4-5.8-2.7-4.5

-6.8+1.3-8.2-2.5-4.4

-15.4+3.8-19.2-0.3-15.1

-4.7+2.9-7.6-1.3-3.4

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 99Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Reward Capital Service Pvt Ltd, part of Nova Iron & Steel's promoter group, sold all its 42,91,675 shares (11.88% stake) via off-market inter-se transfer on 30/06/2026. Its holding dropped from 11.88% to zero. Total equity capital stays at 3,61,39,488 shares. Inter-se transfers stay within the promoter group.

Likely market impact

Promoter group entity exited entire 11.88% stake via inter-se transfer. Overall promoter holding likely unchanged. Watch for follow-up disclosure.