Rajasthan Tube Manufacturing Company Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Pradeep Jain, a promoter shareholder of Rajasthan Tube Manufacturing Limited, has sold 16.2 lakh equity shares, reducing his stake from 7.14% to 3.55% of the company’s total voting capital. The shares were sold through an off-market transaction. This significant reduction in promoter holding may impact the shareholding pattern and investor perception of the company’s promoter confidence.