Pine View Sells 320,000 Afloat Enterprises Shares

Disclosure Nature

Afloat Enterprises Limited (formerly Adishakti Loha and Ispat Limited) has submitted a disclosure to BSE Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to the sale of shares by Pine View Portfolio Consultants Private Limited, a shareholder of the company.

Transaction Details

Pine View Portfolio Consultants Private Limited sold 320,000 equity shares of Afloat Enterprises Limited through open market transactions on three separate dates:

• 100,000 shares sold on June 17, 2026
• 110,000 shares sold on June 18, 2026
• 110,000 shares sold on June 22, 2026

The disclosure was signed by Bhaskar, Director of Pine View Portfolio Consultants Private Limited, and forwarded by Pawan Kumar Mittal, Director of Afloat Enterprises Limited.

Shareholding Changes

Before the sale, Pine View held 1,680,000 shares representing 13.38% of the total voting capital of Afloat Enterprises Limited.

After selling 320,000 shares, Pine View's holding reduced to 1,360,000 shares, representing 10.83% of the total voting capital.

Company Capital Structure

The equity share capital of Afloat Enterprises Limited remained unchanged at 12,55,80,000 rupees, consisting of 1,25,58,000 equity shares of ₹10 each, both before and after the transaction.