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