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Rajasthan Tube Manufacturing Company Limited has announced that promoter Pradeep Jain sold shares, reducing promoter holding below 20% to 16.51%. This significant decrease may affect management control and the company’s long-term strategic direction. The company views this as a material change and has disclosed it to maintain transparency and good governance. This shift could influence investor perception regarding the company’s control and future plans.
All announcements from Rajasthan Tube Manufacturing Company Ltd