Transaction Details
Promoter and promoter group members Pawan Kumar Mittal and Rukmani Devi Mittal, acting as Persons Acting in Concert (PACs), sold an aggregate of 220,000 equity shares through open market transactions:
- Pawan Kumar Mittal sold 110,000 shares on 23 June 2026
- Pawan Kumar Mittal sold 40,000 shares on 24 June 2026
- Pawan Kumar Mittal sold 20,000 shares on 28 July 2026
- Rukmani Devi Mittal sold 40,000 shares on 24 June 2026
- Rukmani Devi Mittal sold 10,000 shares on 28 July 2026
Ownership Changes
Before the sale transactions, the combined holding of acquirer/seller along with PACs was:
- Total shares: 2,278,000
- Percentage of total voting capital: 18.14%
Detailed pre-sale holdings of PAC members:
- Pawan Kumar Mittal: 172,525 shares (1.37%)
- Kiran Mittal: 6,303 shares (0.05%)
- Rukmani Devi Mittal: 60,283 shares (0.48%)
- Pawan Kumar Mittal HUF: 9,583 shares (0.08%)
- Kailash Chand Mittal HUF: 1,926 shares (0.02%)
- Priyanka Mittal: 8,214 shares (0.07%)
- Lalita Mittal: 9,583 shares (0.08%)
- Rohit Mittal: 9,583 shares (0.08%)
- Ispatika International Limited: 2,000,000 shares (15.93%)
After the sale transactions, the combined holding decreased to:
- Total shares: 2,058,000
- Percentage of total voting capital: 16.39%
Capital Structure Impact
The equity share capital of the company remains unchanged:
- Number of Shares: 12,558,000 Equity Shares of ₹10 each
- Amount (in ₹): 125,580,000
Both before and after the transactions, the total diluted share/voting capital remains identical at 12,558,000 equity shares of ₹10 each totaling ₹125,580,000.