Promoter group reshuffles holdings in Nova Iron & Steel
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter group of Nova Iron & Steel reported stake reshuffling. Olympian Finvest bought 2,82,000 shares (1,88,000 off-market on July 3, plus 94,000 via inter-se transfer on July 8), lifting its stake from 12.14% to 12.92%. Three other promoter group entities, Shivalikview Steel, Rockland Steel, and Aarti Iron & Power, each sold their full 94,000 share (0.26%) stake down to NIL. Overall promoter group holding stays roughly the same as this is largely an internal rearrangement.
Internal promoter group reshuffling, with Olympian Finvest consolidating more shares within the group. Minimal change to total promoter stake; limited stock price impact.