The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Riddhi Rajesh Mittal
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Awaiting price reaction for this filing.
Riddhi Rajesh Mittal, a promoter of Riddhi Steel and Tube Ltd, bought 6,000 equity shares on 22 December 2025 through the open market under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The purchase represents 0.07% of the company's total equity capital. Her individual holding rose from 4.12% (3,41,238 shares) to 4.19% (3,47,238 shares). The total promoter group holding (along with PACs) increased from 74.32% to 74.39%, i.e., 61,67,132 shares. The equity share capital remains Rs. 8.29 crore comprising 82,90,252 shares of Rs. 10 each.
A small open-market purchase by a promoter signals confidence in the company, but the 0.07% increase is immaterial and unlikely to move the stock price. Promoter group continues to hold a dominant 74.39% stake, leaving limited free float.