Promoter Harish Chand Jain sells entire 0.29 percent stake via off-market deal

Ownership Changes View source PDF Explain this filing

Price

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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

-4.1%Reaction day

₹10.95

prior close

₹10.99

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-3.9% vs market

Iron & Steel Products peers, median of 102sector+0.0%-4.1% vs sector

On the reaction day the stock moved 3.9 pts less than Nifty Microcap 250 and 4.1 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

Stock

-0.4

10m

-3.2

15m

-3.2

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.1-0.2-3.9+0.0-4.1

Next day

-4.1+0.1-4.2+0.2-4.3

-8.3+0.4-8.7+0.4-8.7

-9.4-0.6-8.8-0.2-9.2

-6.2-1.2-5.0-0.7-5.5

-6.9-0.6-6.4+0.7-7.7

-6.9+0.5-7.4+1.0-7.9

15d

-16.1-0.2-15.8-0.3-15.8

-15.8-1.5-14.3+0.2-16.0

-20.6-8.0-12.7-7.0-13.6

—————

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 102Pending

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

AI summary

Promoter Harish Chand Jain sold his entire holding of 1,32,900 equity shares (0.29 percent of total share capital) of Rajasthan Tube Manufacturing Company Limited via off-market sale on 26 August 2026. Post-sale, his holding stands at zero shares. The disclosure was filed under SEBI SAST Regulation 29(2) on 27 August 2026.

Likely market impact

Promoter completely exits the stock. Small stake size limits direct price impact, but signals promoter group reducing exposure.