Announced Mon, 30 Mar · 14:17 IST

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

Promoter Stake BuyOwnership Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹187.00
prior close
₹178.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.1+12.3+41.7+5.0
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AI summary

Rajeshkumar Ramkumar Mittal, a promoter of Riddhi Steel and Tube Ltd, purchased 15,750 equity shares (0.13% of total share capital) in the open market on 27 March 2026. His individual holding in the company increased from 8.83% to 8.96% (10,98,525 to 11,14,275 shares). Together with persons acting in concert, the promoter group's combined holding stands at 65.65% of the company's equity. The disclosure has been filed with BSE as required under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.

Likely market impact

This is a small open-market purchase by a promoter, signalling modest insider confidence in the company. The size is too small to materially shift promoter control or move the stock price, but it reinforces promoter commitment to the business.