The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arvinder Singh Pasricha
RAMASTEEL · price
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On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.9 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.
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Tarun Dhir, acting as Partner of M/s Arun Enterprises (part of the Promoter Group), has sold 30,00,000 equity shares of Rama Steel Tubes Ltd through open market transactions on 09-03-2026. The shares sold represent 0.78% of the company's total share capital. As a result, the promoter group's holding in the company has decreased from 4.95% (8,09,66,575 shares) to 4.77% (7,79,66,575 shares), a reduction of 0.18 percentage points. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
This is a promoter group offloading shares in the open market, which may be viewed negatively by retail investors as it signals a reduction in promoter confidence or a need to monetize holdings. The sale size is modest (under 1%), so direct price impact should be limited, but sentiment could be mildly affected.