Rajasthan Tube Manufacturing Company Ltd — Updates, 09-05-2025: Company Update

Rajasthan Tube Manufacturing Company Limited has announced a board meeting on which the transferor disclosed an off-market sale of 2,10,000 equity shares, representing 4.66% of the company’s voting capital, by promoter Saurabh Jain. Post-sale, his holding reduced from 7.07% to 2.41%. This share disposal reflects a significant reduction in promoter stake, which may impact shareholder dynamics and control within the company.