Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015
Key Quantitative Figures
- Shares Purchased: 10,74,185 equity shares
- Transaction Value: ₹11,81,60,35 (₹11.82 crore)
- Purchase Price per Share: Approximately ₹11.00 per share (calculated from total value)
- Pre-transaction Holding: 11,65,400 shares (3.22% of paid-up capital)
- Post-transaction Holding: 22,39,585 shares (6.20% of paid-up capital)
Dates of Action
- Transaction Date: 04/06/2026
- Intimation Date to Company: 04/06/2026
- Disclosure Date to Exchange: 10/06/2026
Parties Involved
Acquiring Entity: Vintage Steel Private Limited (CIN: U27100CH2005PTC028119)
- Represented by Kamal Jeet, Director & Authorised Signatory
Target Company: Nova Iron and Steel Limited (ISIN: INE608C01026)
- Company Secretary: Dheeraj Kumar
Promoter Group Entity: Titanic Steel Industries Private Limited (CIN: U27100CH2005PTC027972)
- Also holds 11,65,400 shares (3.22% of paid-up capital)
Transaction Details
- Mode of Acquisition: Off-market transaction
- Exchange: BSE (Bombay Stock Exchange)
- Transaction Type: Purchase
- Security Type: Equity shares
- Value excludes: Taxes, brokerage, and other charges
Capital Structure Impact
- Vintage Steel's holding increased from 3.22% to 6.20% of paid-up capital
- Net acquisition of 10,74,185 shares representing 2.98% of paid-up capital
- No derivatives trading reported in company securities
Document Flow
Disclosure was submitted by Vintage Steel Private Limited to Nova Iron and Steel Limited on 10/06/2026 via email, which was then forwarded to Bombay Stock Exchange on the same date.