Rajasthan Tube Manufacturing Company Ltd — Updates, 27-05-2025: Company Update

Rajasthan Tube Manufacturing Company Limited has announced a promoter share sale via an off-market transaction. Promoter Pradeep Jain sold 16.2 lakh equity shares, reducing his holding from 32.16 lakh (7.14%) to 15.96 lakh shares (3.55%). This significant reduction in promoter stake may impact shareholder dynamics and warrants attention from investors tracking promoter confidence and ownership patterns. The shares were sold at a value of ₹1.43 crore.