The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Naresh Kumar Bansal

Promoter Stake Sell 1pctPromoter Below 50pctOwnership Changes View source PDF Explain this filing

RAMASTEEL · 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

+2.6%Reaction day

₹10.23

prior close

₹10.24

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+2.9% vs market

Iron & Steel Products peers, median of 92sector+0.0%+2.6% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 2.6 pts more 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

-0.1

10m

-0.8

15m

-1.1

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6-0.2+2.9+0.0+2.6

Next day

+1.7+0.1+1.5-0.0+1.7

+0.2-0.6+0.8-0.0+0.2

+0.4-0.9+1.3-0.1+0.5

-0.8-1.3+0.5-0.7-0.1

-1.0-2.3+1.3-1.4+0.4

-4.3-5.2+0.9-3.9-0.4

15d

-2.1-2.9+0.8-2.2+0.2

-2.6-2.6-0.1-4.7+2.0

-1.7-2.9+1.3-5.2+3.5

-5.1-8.9+3.9-11.0+5.9

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 92Pending

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

AI summary

Promoter Naresh Kumar Bansal sold 12,00,19,300 equity shares (7.70% of total share capital) of Rama Steel Tubes Ltd on September 16, 2025, through the open market under Regulation 29(2) of SEBI SAST Regulations, 2011. Before the sale, he held 39,97,40,475 shares (25.65%); after the sale, his holding stands at 27,97,21,175 shares (17.95%). The company's total equity share capital remains unchanged at approximately Rs. 155.83 crore (15.58 crore shares of Re. 1 each). This is a significant reduction in promoter stake, though Mr. Bansal continues to remain classified as part of the promoter group.

Likely market impact

A 7.70% open-market sale by a promoter is a meaningful divestment that may create short-term supply pressure on the stock. However, the promoter still holds 17.95% of the company, so control implications are limited. Retail investors should watch for any further disclosures or price action post this large block sale.