BSERiddhi Steel and Tube LtdMediumPositive
Announced Fri, 27 Mar · 14:43 IST

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

Promoter Stake BuyOwnership Changes View source PDF

Price

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▲ 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
-9.5%1-day move
₹196.65
prior close
₹187.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.5-13.6+3.7-0.1
Up moveDown movePending
AI summary

Promoter Rajeshkumar Ramkumar Mittal has bought 6,750 equity shares of Riddhi Steel and Tube Ltd in the open market on 25 March 2026. Individually, his holding rose from 8.78% to 8.83%, a small 0.05% increase. Together with the Persons Acting in Concert (PAC) group, the promoter holding moved from 74.43% to 74.48% of the company's share capital. The shares were acquired on the BSE, and the total equity capital of the company remains unchanged at 1,24,35,378 shares of Rs. 10 each.

Likely market impact

This is a small open-market purchase by the promoter, signalling continued confidence in the company. However, the size is minor (6,750 shares), so the immediate impact on share price or shareholder sentiment is likely limited.