The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajeshkumar Mittal
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Riddhi Steel and Tube Ltd promoter Rajeshkumar Ramkumar Mittal bought 1,500 equity shares of the company through the open market on 24 September 2025. His individual holding rose marginally from 7,11,350 shares (8.58%) to 7,12,850 shares (8.60%). Together with Persons Acting in Concert (PAC), the promoter group's total holding moved from 61,47,632 shares (74.15%) to 61,49,132 shares (74.17%). The disclosure was filed under SEBI's Regulation 29(2) of the SAST Regulations, 2011. The total equity share capital of the company stands at 82,90,252 shares of Rs. 10 each.
This is a small token purchase by the promoter signalling confidence, but the change is negligible (just 0.02%) and is unlikely to materially move the stock price. Promoter group remains comfortably above 50% at 74.17%, indicating no governance or control concerns.