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

Promoter Stake Sell 1pctOwnership Changes View source PDF

RAMASTEEL · price

Loading chart…

▲ 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

+21.0%1-day move

₹3.43

prior close

₹3.99

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+21.0+32.4+37.0+44.3+51.3+49.6+67.1+69.1+53.4+32.4

Up moveDown movePending

AI summary

Tarun Dhir, Partner of M/s Arun Enterprises (part of the Promoter Group), sold 2,80,29,332 equity shares (1.71% of total share capital) of Rama Steel Tubes Ltd through the open market on March 30, 2026. Before the sale, the promoter group entity held 5,79,66,575 shares (3.54%); after the sale, its holding stands at 2,99,37,243 shares (1.83%). The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations. The transaction was a plain-vanilla open-market sale with no change in the company's total share capital (Rs. 163.60 crore equity, face value Rs. 1).

Likely market impact

A promoter-group open-market sale of nearly half of an existing stake is a mild negative signal for retail investors, as it can indicate reduced promoter conviction and may put short-term pressure on the stock price. Investors should monitor for any further promoter selling or related corporate actions.