We are enclosing herewith disclosure in pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulation 2015, which we have received via email dated 10/06/2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Two promoter group entities of Nova Iron & Steel Ltd — Vintage Steel Private Limited and Titanic Steel Industries Private Limited — acquired equity shares through off-market transactions on 4 June 2026. Vintage Steel bought 21,99,415 shares for about ₹2.42 crore, raising its stake from 0.26% to 6.35%. Titanic Steel bought 10,74,185 shares for about ₹1.18 crore, raising its stake from 3.22% to 6.20%. Together, the promoter group added around 32.73 lakh shares (combined post-holding about 12.55%) in the company. The disclosure was filed under SEBI Insider Trading Regulations as a continual disclosure of changes in promoter group holdings.
This is a positive signal showing the promoter group is consolidating and increasing its stake in Nova Iron & Steel, indicating stronger promoter confidence. Off-market purchases avoid market price impact, but the substantial increase in promoter group holding may be viewed positively by retail investors.