BSENova Iron & Steel LtdHighNegative
Announced Thu, 2 Jul · 08:38 IST

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

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

Loading chart…

▲ 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
+0.4%1-day move
₹13.29
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4-7.0-7.8-6.6-7.0-5.9-7.2
Up moveDown movePending
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.