BSENova Iron & Steel LtdMediumNeutral
Announced Mon, 15 Jun · 18:16 IST

Promoters seek reclassification to Public category

Ownership Changes View source PDF

Price

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▲ 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
-0.9%1-day move
₹12.05
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9+5.8+3.7+8.8+14.9+11.8+3.0+4.5
Up moveDown movePending
AI summary

Three promoters of Nova Iron & Steel Ltd — Aniket Singal, Priyanka Ankit Miglani, and Radhika Saurabh Dhoot — have requested reclassification from 'Promoter' to 'Public' category under SEBI Regulation 31A. All three currently hold NIL equity shares (0% of paid-up capital), have no board representation, and exercise no control. The Board will consider the request at an upcoming meeting, subject to stock exchange approval.

Likely market impact

Likely no material impact — these promoters already hold zero shares; the reclassification simply formalizes their existing status.