Ahmedabad Steelcraft Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

RMG Infratech Private Limited, part of the promoter group, has increased its stake in Ahmedabad Steelcraft Limited by acquiring 23 lakh equity shares through preferential allotment on conversion of warrants. This raises its holding to 23.85% of the equity capital. The total equity share capital of Ahmedabad Steelcraft remains Rs. 9.64 crore (96.42 lakh shares of Rs. 10 each) while the diluted share capital after full conversion of warrants stands at Rs. 15.09 crore (150.92 lakh shares). This significant stake increase reflects RMG Infratech’s strengthening control and influence over the company’s future direction.