Promoters to sell 70.66% stake; open offer to follow at Rs 23.85 per share
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 4.9 pts more than its Trading - Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoters of RR MetalMakers India signed an SPA on July 30, 2026 to sell 63,65,924 shares (70.66% of equity) to RB International Holdings and two individuals at Rs 23.85 per share, totaling about Rs 15.18 crore. Acquirers are unrelated to the company. A mandatory open offer for up to 26% of shares will follow under SEBI takeover rules. This triggers a change of control: existing promoters will be reclassified as public, and the acquirers will become new promoters.
Change of control incoming. Mandatory open offer for up to 26% at Rs 23.85/share will follow. Expect board reshuffle; stock may move toward offer price.