Rajasthan Tube Manufacturing Company Ltd — Updates, 06-05-2025: Company Update

Rajasthan Tube Manufacturing Company Limited has announced the sale of 2,10,000 equity shares by promoter Saurabh Jain through an off-market transaction. This disposal reduced his holding from 11.73% to 7.07% of the total equity share capital of 4.5 crore shares. The reduction in promoter stake could impact the company’s promoter control and may signal a change in shareholding pattern, which retail investors should monitor for any potential strategic shifts.