Announced Fri, 5 Sept · 10:46 IST

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

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rajeshkumar Ramkumar Mittal, part of the promoter group of Riddhi Steel and Tube Ltd, acquired 1,500 equity shares in the open market on September 4, 2025. This represents a tiny 0.01% increase in his individual holding, taking it from 8.53% to 8.54%. The total promoter group holding (including PACs - Rajesh R Mittal HUF, Preeti Rajesh Mittal, Rajat Rajesh Mittal, and Riddhi Rajesh Mittal) rose marginally from 74.10% to 74.11% of the company's equity. The company's total equity share capital remains at 82,90,252 shares of Rs. 10 each. The disclosure is filed as required under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.

Likely market impact

This is a very small, routine open market purchase by a promoter and signals continued promoter confidence, but the size (just 1,500 shares, 0.01%) is too small to materially affect shareholding pattern or stock price.