The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajeshkumar Ramkumar Mittal
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Awaiting price reaction for this filing.
Riddhi Steel and Tube Ltd disclosed a Regulation 29(2) SAST filing by promoter Rajeshkumar Ramkumar Mittal, who bought 12,000 equity shares (0.14% of total capital) on 18 December 2025. His individual holding rose from 8.60% (7,12,850 shares) to 8.74% (7,24,850 shares). The total promoter group holding, including PACs (Rajesh R Mittal HUF, Preeti Rajesh Mittal, Rajat Rajesh Mittal, Riddhi Rajesh Mittal), increased from 74.17% to 74.32%. The equity share capital of the company remains at Rs. 8.29 crore (82,90,252 shares of Rs. 10 each). The shares are listed on BSE.
This is a small incremental purchase by an existing promoter, signalling continued confidence in the company. The marginal 0.14% increase is unlikely to move the stock price materially, but it reinforces that the promoter group remains firmly in control with over 74% holding.