Badrinath Industries Limited, a promoter group entity, purchased 20,08,825 equity shares of Electrosteel Castings Limited on 27 March 2026.
The acquisition was made on NSE at an aggregate cost of ₹16,06,79,637.81, implying approximately ₹80 per share.
Post-acquisition, Badrinath Industries' stake in Electrosteel Castings rose from 0.18% (11,37,246 shares) to 0.51% (31,46,071 shares).