Announced Wed, 10 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 Mittal

Promoter Stake BuyOwnership Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Riddhi Steel and Tube Ltd's promoter Rajeshkumar Ramkumar Mittal bought 1,500 equity shares of the company on 09 September 2025 through the open market. The purchase raised his individual holding marginally from 8.54% (7,08,350 shares) to 8.56% (7,09,850 shares). Together with Persons Acting in Concert (PACs) — which includes family members and the Rajesh R Mittal HUF — the promoter group's aggregate holding went from 74.11% to 74.13% of the company's equity. The total share capital of the company stands at 82,90,252 equity shares of Rs.10 each. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations.

Likely market impact

The purchase is very small (just 0.02% change), so there is no meaningful impact on shareholding pattern or stock price. However, it signals continued promoter confidence in the company at current levels.