Promoter Pradeep Jain fully exits via 3.54 percent off-market sale

Promoter Stake Sell 1pctPromoter Below 50pctOwnership 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 Pradeep Jain sold his entire 3.54 percent stake (15,96,860 shares) in Rajasthan Tube Manufacturing via off-market deal on 25 August 2026. Holding went from 3.54 percent to 0 percent, meaning a complete exit by the promoter from the company.

Likely market impact

Negative sentiment as promoter has fully exited, which may raise concerns among retail investors about future direction.